This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: financial weakness, since a company wants its current ratio to improve. On the other hand, the debt ratio also decreased showing a financial strength, since lesser debt is good for a company. Chapter 5 1. Net Accounts signifies: Accounts Receivable Allowance for Bad Debt Other signifies: Other Current Assets 2. Accounts Receivable: online purchases using a credit card, is vendor receivable and customer receivables 3. The allowance for doubtful accounts in 2008 was $81 million, while in 2009 it was $64 million....
View Full Document
- Spring '12