FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Merck & Company reported the following from its 2016 financial statements.
$ millions
2013 2014 2015 2016
Accounts receivable, net
$7,682 $7,121 $6,981 $7,511
Allowance for doubtful accounts 154 163 175 213
a. Compute accounts receivable gross for each year.
$ millions
2014
Accounts receivable, gross $
2013
$
$
2015
$
2016
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Transcribed Image Text:Merck & Company reported the following from its 2016 financial statements. $ millions 2013 2014 2015 2016 Accounts receivable, net $7,682 $7,121 $6,981 $7,511 Allowance for doubtful accounts 154 163 175 213 a. Compute accounts receivable gross for each year. $ millions 2014 Accounts receivable, gross $ 2013 $ $ 2015 $ 2016
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