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Mickey Company bills its accounts on terms of 3/10, net 30. The firms accounts receivable...

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Finance

Mickey Company bills its accounts on terms of 3/10, net 30. The firms accounts receivable includes $120,000 that has been outstanding for 10 or fewer days, $250,000 outstanding for 11 to 30 days, $120,000 outstanding for 31 to 40 days, $30,000 outstanding for 41 to 50 days, and $5000 outstanding for more than 50 days. Prepare an aging schedule for Mickey Company.

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