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As the management accountant for the Tyson Company you have been asked to construct a financial planning model for collection of accounts receivable and then

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As the management accountant for the Tyson Company you have been asked to construct a financial planning model for collection of accounts receivable and then to perform a what-if analysis in terms of the assumption regarding estimated uncollectible accounts. You are provided with the following information: Collection Pattern for Credit Sales 75\% of the company's credit sales are collected in the month of sale and 20% in the month following the month of sale; 5% are uncollectible. Credit Sales. January 2022, \$142,000: February 2022, \$137,500: March 2022, $122,500. Required: 1. Prepare an estimate of bad debts for each of the three months, January through March, under the following assumptions regarding the rate of uncollectible accounts: 1%,3%,5% (base case), and 8%

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