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15.) Company XYZ has total sales and credit sales of $65,000 and $28,000 respectively at year end. They have been experiencing bad debt losses of
15.) Company XYZ has total sales and credit sales of $65,000 and $28,000 respectively at year end. They have been experiencing bad debt losses of 15% of our total credited sales. How much bad debt does company XYZ estimate?
A.) $7,950
B.) $9,750
C.) $2,400
D.) $4,200
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