Answer Happy

Part 2- Aging of Receivables Answer the following problem below. Aging of Receivables Name of Client Date of Granting 2/15/2015 Number of Current Date Days 3/31/2016 411 A B 3/31/2016 331 с 5/6/2015 12/30/2015 4/30/2015 3/31/2016 93 337 D 3/31/2016 E Amount of Credit 2,500,000.00 3,000,000.00 5,800,000.00 620,000.00 8,500,000.00 520,000.00 560,000.00 8,210,000.00 5,680,000.00 5,620,000.00 3/31/2016 184 9/30/2015 8/16/2015 F 3/31/2016 229 G 3/31/2016 3/31/2016 90 46 H 1/2/2016 2/15/2016 2/18/2016 12/15/2015 3/31/2016 43 108 G 3/31/2016 J 12/15/2014 3/31/2016 473 8,000,000.00 49,010,000.00 Total Required: a.) Age of Receivables. (Classify them to: Current; 91-180 days; 180 days to 1 year; 1 year and above) 5 pts b.) Portfolio of receivables. 5 pts c.) Recommendations. (3-5 sentences) 5 pts