The following information is taken from the annual report of the Couche Corporation. Calculate the ratio of
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The following information is taken from the annual report of the Couche Corporation.
Calculate the ratio of the allowance for uncollectible accounts divided by gross accounts receivable. Did this ratio decrease from 2014 to 2015? If so, what does that indicate? The bad debt expense on the Couche Corporation’s earnings statement did not equal \($4,100\). What might explain this?
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Related Book For 
Financial Accounting For Executives And MBAs
ISBN: 9781618531988
4th Edition
Authors: Wallace, Simko, Ferris
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