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Refer to Eli Lilly’s 2012 annual report to answer the following questions. The 2012 annual report...

Refer to Eli Lilly’s 2012 annual report to answer the following questions. The 2012 annual report of Eli Lilly & Company can be found here: http://www.sec.gov/Archives/edgar/data/59478/000005947813000007/lly-20121231x10k.htm

How much of the 2012 accounts receivable balance does the company expect to collect?

What is the percentage of “other receivables” to total current assets at the end of 2012? Round to the nearest whole percentage.

What is included in the “other receivables” balance?

Solutions

Expert Solution

How much of the 2012 accounts receivable balance does the company expect to collect?

Answer is 3,336.3

What is the percentage of “other receivables” to total current assets at the end of 2012? Round to the nearest whole percentage.

=552.0/13,038.7

=4%

What is included in the “other receivables” balance?

Other receivables include tax receivables, receivables from our collaboration partners, interest receivable on the interest rate swaps, and a variety of other items.

ekkarill92 answered 1 year ago
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