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Slybone
Jul 27, 2008, 05:06 PM
Attached is the problem with my answers plugged in. I would like to have them verified. Also I do not understand Requirement #2 how would that be computed?

Slybone
Jul 27, 2008, 05:11 PM
I calculated $382,900
As accounts receivable because there is still 5% for August sales, and 75% of September sales that need to be collected.

Is this correct?

moorem614
Sep 14, 2009, 10:24 AM
$382900.00

moorem614
Sep 14, 2009, 10:25 AM
382900.00

morgaine300
Sep 15, 2009, 07:23 PM
Slybone, all is correct, including the Sept receivable balance. :)

(But I hate that template they provided.)

morgaine300
Sep 15, 2009, 07:25 PM
Oh, dang. Some newbie got me caught in an old thread. Hate when that happens.