What amount does a company expect to collect from Accounts Receivable? A) gross amount of Accounts Receivable B)...

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Accounting

What amount does a company expect to collect from AccountsReceivable?
A) gross amount of Accounts Receivable
B) net realizable value of Accounts Receivable
C) gross amount of Accounts Receivable minus Allowance forUncollectible Accounts
D) B and C
Emma Jones Company has the following information available:
Account
12/31/2019
12/31/2018
Accounts Payable
$76,500
$80,000
Accounts Receivable, net
42,300
49,000
Cash and Cash Equivalents
43,700
70,000
Inventories
100,000
99,000
Long-Term Investments
20,000
100,000
Short-Term Investments
27,000
44,000
Income Taxes Payable
2,000
5,000
Long-Term Notes Payable
20,000
30,000
Did the quick ratio improve from 2018 to 2019?
A) No.
B) Yes.
C) It stayed the same.
D) There is not enough information.

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1 A company expects to collect from Accounts Receivable net realizable value of Accounts Receivable or gross amount of Accounts Receivable minus Allowance for Uncollectible See Answer

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Account	12/31/2019	12/31/2018
Accounts Payable	$76,500	$80,000
Accounts Receivable, net	42,300	49,000
Cash and Cash Equivalents	43,700	70,000
Inventories	100,000	99,000
Long-Term Investments	20,000	100,000
Short-Term Investments	27,000	44,000
Income Taxes Payable	2,000	5,000
Long-Term Notes Payable	20,000	30,000