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    emmywhodat's Avatar
    emmywhodat Posts: 8, Reputation: 1
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    #1

    Feb 7, 2013, 09:36 AM
    Report Receivable Separately?
    Boeing is one of the world's major aerospace firms, with operations involving commercial aircraft, military aircraft, missiles, satellite systems, and information and battle management systems. As of December 31, 2009, Boeing had $3,090 million of receivables involving U.S. government contracts and $1,206 million of receivables involving commercial aircraft customers, such as Delta Air Lines and United Airlines.

    Should Boeing report these receivables separately in the financial statements, or combine them into one overall accounts receivable amount? Explain.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Feb 7, 2013, 09:38 AM
    Emmy, PLEASE stop posting homework questions.

    I have explained policy to you three times.
    emmywhodat's Avatar
    emmywhodat Posts: 8, Reputation: 1
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    #3

    Feb 7, 2013, 10:38 AM
    First, I just got all these e-mails at once. Second, I do have the homework filled out on my own on paper. I just can't get it right. I was just hoping for a clue on what I am doing wrong. I will repost with this clarification. Do you know if there is any way to edit? I wasn't trying to upset anyone. I just can't get a couple questions. I figured someone could lead me in the right direction at least.
    emmywhodat's Avatar
    emmywhodat Posts: 8, Reputation: 1
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    #4

    Feb 7, 2013, 10:59 AM
    I believe they should be separate because one is dealing with contracts and the other is dealing with actual customers. It just seems that this would be the obvious choice but I feel like I am missing some kind of key detail. Any hint at all would be greatly appretiated. And, I apologize for not giving my answer along with the question. I wasn't aware of this policy. I will give my answer along with the question in the future.
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