Firm XX has the following accounts receivable:
$\begin{array} { c c c }
\text { Receivable } & \text { Amount due } & \text { Days outstanding } \
\text { A } & \$ 11,000 & 10 \
\text { B } & 13,456 & 35 \
\text { C } & 23,110 & 42 \
\text { D } & 13,222 & 62 \
\text { E } & 9776 &
\end{array}$
The firm sells on credit and requires payment on the thirtieth day. What proportion of its sales are overdue and what proportion are more than ten days overdue?

Question

​Firm XX has the following accounts receivable:
$\begin{array} { c c c } 
\text { Receivable } & \text { Amount due } & \text { Days outstanding } \
\text { A } & \$ 11,000 & 10 \
\text { B } & 13,456 & 35 \
\text { C } & 23,110 & 42 \
\text { D } & 13,222 & 62 \
\text { E } & 9776 &
\end{array}$
The firm sells on credit and requires payment on the thirtieth day. What proportion of its sales are overdue and what proportion are more than ten days overdue?

Quizplus · Accepted Answer

The Answer of ​Firm XX has the following accounts receivable:
$\begin{array} { c c c } 
\text { Receivable } & \text { Amount due } & \text { Days outstanding } \
\text { A } & \$ 11,000 & 10 \
\text { B } & 13,456 & 35 \
\text { C } & 23,110 & 42 \
\text { D } & 13,222 & 62 \
\text { E } & 9776 &
\end{array}$
The firm sells on credit and requires payment on the thirtieth day. What proportion of its sales are overdue and what proportion are more than ten days overdue?

​Firm XX Has the Following Accounts Receivable The Firm Sells on Credit and Requires Payment on the c

Firm XX Has the Following Accounts Receivable The Firm Sells on Credit and Requires Payment on the c