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Assume That You Have Just Been Hired as the Controller

Question 59

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Assume that you have just been hired as the controller of the Tonnage Manufacturing Company.In order to be fully apprised of the financial and operating condition of the company,you have decided to analyze several of the key accounts appearing on the company's financial statements.An account of obvious interest to you is the company's trade accounts receivable.
Identify specific attributes of the accounts receivable that you would examine as well as any ratios that might be useful to you in your analysis.

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An analysis of the accounts receivable o...

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