1.Dolinvoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Nature of Uncollectible Accounts The XYZ Corporation owns and operates hotels and casinos including the XYZ Grand and the Bellagio in Las Vegas, Nevada. As of a recent year, XYZ reported accounts receivable of $498,000 and allowance for doubtful accounts of $85,656. Patient care manufactures and sells a wide range of healthcare products including Band-Aid bandages and Tylenol. As of a recent year, Patient care reported accounts receivable of $889,000 and allowance for doubtful accounts of $13,245. a. Compute the percentage of the allowance for doubtful accounts to the accounts receivable for the XYZ Corporation. Round your answer to one decimal place. 96 b. Compute the percentage of the allowance for doubtful accounts to the accounts receivable for Patient Care, Round your answer to one decimal place. c. Possible reasons for the difference in the two ratios computed in (a) and (b) include: a. Casino operators historically lose money on operations. b. Casino operators have larger accounts receivable. c. Individuals who may have adequate creditworthiness could overextend themselves and lose more than they can afford there come excitement of gambling d. Casino operations experience greater bad debt risk because it is difficult to control the creditworthiness of customers entering the cost Check My Work more Check Work uses Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Interest Rate Term of Note 5% Date of Note Face Amount a. January 10" $40,000 b. March 19 18,000 C. June 5 90,000 d. September 8 36,000 e November 20 27,000 "Assume that February has 28 days. 90 days 180 days 8 2 30 days 3 90 days 60 days Assume 360-days in a year when computing the Interest, Note Due Date Interest a b. d. Check My Work 5 to Check My Work usos tema ning