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Question
Company Name | Net Credit Sales | Beginning Net Receivables | Ending Net Receivables |
| Brown | $180,000 | $ 5,000 | $30,000 |
| Pink | $400,000 | $52,000 | $42,000 |
| Yellow | $ 75,000 | $ 5,400 | $ 5,800 |
(a)which company is doing the best job of managing its accounts receivable? why? be sure to support your answer with computations.
(b)what are your concerns about these companies?
Answer
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