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1. Explain the impact of calculating depreciation using the straight-line method versus an accelerated method on the amounts shown on a balance sheet.

2. Why should the allowance for doubtful accounts and the valuation and qualifying accounts schedule be analyzed?

Using the following information analyze the accounts receivable and the allowance for doubtful accounts for this company:

                                                                                    2015                                    2014

            Sales                                                               $11,230                                 $10,340

            Accounts receivable, net                                      1,510                                   1,860

            Allowance for doubtful accounts                              43                                           32

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92700544

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