Sears: Accounting for Uncollectible Accounts Case Solution
Sarah Simons, the protagonist analyst in the world of retail sector investment, has just received the Sears, Roebuck and Co. 1999 annual report. Sears has had problem in days gone by with the collectibility of receivables from customer credit purchases using the Sears card. These difficulties have caused previous write offs, along with legal issues, which have depressed the stock.
Sarah must assess the provisions the firm has made for potential difficulties in collecting the receivables. This case provides background information on Sears' company and previous issues, an introduction to bookkeeping for eventualities, and fiscal advice from public sources on the sector and Sears.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: September 15, 2000 PRODUCT #: A165-PDF-ENG