1. Which receivables figure - the total amount that customers owe the company, or the...
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Accounting
1. Which receivables figure - the total amount that customers owe the company, or the net amount the company expects to collect - are investors more interested in as they consider buying the company's stocks? Provide your reason.
2. Is this statement true or false? "Credit card sales increase accounts receivables." Explain why or why not.
3. Does using the direct write-off method of accounting for un-collectibles under or overstates assets? Explain.
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