Please refer to the instructions for parts A & B A. Use this information below t
ID: 2493232 • Letter: P
Question
Please refer to the instructions for parts A & B
A. Use this information below to answer the following questions. Enter dollar amounts in MILLIONS.
A1. What is the balance in the Company’s Allowance for Doubtful Accounts at the end of 2012 & 2011?
2012: $_____ million
2011: $_____ million
A2. What is the net realizable value of the Company’s accounts receivable at the end of each of these two years?
2012: $_____ million
2011: $_____ million
B. Refer to the financial statements & notes included in the annual report for Columbia Sportswear below
Columbia: http://cvg.cengagenow.com/ilrn/books/pnal09h/swf/appc.pdf
B1. What are the accumulated depreciation & book values of property & equipment for the most recent fiscal year? Enter dollar amounts in THOUSANDS. For example $357,390,000 would be entered as 357390.
Accumulated depreciation: $_____
Book values: $_____
Explanation / Answer
A1. What is the balance in the Company’s Allowance for Doubtful Accounts at the end of 2012 & 2011?
2012: $105 million
2011: $108 million
A2. What is the net realizable value of the Company’s accounts receivable at the end of each of these two years?
2012: $4,061 million
2011: $3,867 million
B1. What are the accumulated depreciation & book values of property & equipment for the most recent fiscal year? Enter dollar amounts in THOUSANDS. For example $357,390,000 would be entered as 357390.
Accumulated depreciation: $275,886
Book values: $526,796
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