Assume that you are preparing Galore Ltds yearly allowance for doubtful debts based on 2% of net credit sales, which will potentially result in 10% growth rate. The managing director, Ms Sharon Shady (Sharon), suggested you to increase the allowance for doubtful debts to 4% in order to achieve a 5% growth rate. Sharon said to you that: we do not want our shareholders to expect our company to sustain a 10% growth every year rather, a 5% growth rate is more sustainable for our company.

Need Introduction and conclusion of this question Within 300 words? 150 each would do