Find the Accounts Receivable (may also be called Trade Receivables) for qualcomm

Question

Find the Accounts Receivable (may also be called Trade Receivables) for qualcomm inc.. How much is the "net amount"? This is the amount after deducting the Allowance for Uncollectible Accounts (this can have some other names).

b. How much is the "gross amount"? If this information is not shown on the Balance Sheet, you should be able to find it in the notes that follow the financial statements. Do you think the Allowance for Uncollectible Accounts is a reasonable estimate of the uncollectible accounts? Why?

Explanation / Answer

find the percentage for the uncollectible account receivables - either add back into net for the gross or deduct from gross for the net receivalbles. In the financial statements there is a notes secton that explains if the amount on the balance sheet is net or gross - you will need to look at the corporations financial statements (can look up online). Do you think it's reasonable - this is opinion do you think the amount that will probably not be collected from those that won't pay is reasonable as listed in the uncollectible account.

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