Lowrate Communications is in the cellular telephone industry. The following selected information has been compiled for the company (in thousands of dollars):

Required:
a. In each of the three years presented, what percentage of the company€™s total accounts receivable is estimated to be uncollectible?
b. In each of the three years presented, what percentage of the sales revenue is the bad debts expense?
c. Did Lowrate€™s collection of accounts receivable improve or deteriorate over this three-year period?
d. What was Lowrate€™s average collection period for 2016? Has this improved over the prior year?

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2016 2015 2014 Accounts receivable (net) Allowance for doubtful accounts Accounts written off Bad debts expense Sales revenue (all on account) $ 1,469.8 128.9 305.4 312.4 12,661.8 1,230.6 121.9 267.6 271.5 11,367.8 $ 1,044.8 118.0 296.8 267.0 10,420.0