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unsure how i would go about solving this example. explain it to me?


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Customers owed Zinger, Inc.. 

 

Zinger, Inc. expected not to collect. . 

 

Zinger, Inc. expected to collect—net realizable value.

acct ex.png

Zinger, Inc.
Balance Sheet (Excerpt, Adapted) (In Millions of $) Sep. 24, 2016
Current assets:
Cash and cash equivalents $ 17,767 $
Short-term marketable securities 46,922
Accounts receivable, less allowance of $73 and $95, respectively 15,482
Inventories 2,139
Vendor non-trade receivables 13,115
Other current assets 33%
116,032 Total current assets Sep. 25, 2015 16,781
23,070
17,018 2,295
13,697
15,867 93,418

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