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At the end of 2023, Indell Semiconductors balance sheet reports $3,500,000 in receivables, which are presented net of an allowance for uncollectible accounts of $202,000.

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At the end of 2023, Indell Semiconductors balance sheet reports $3,500,000 in receivables, which are presented net of an allowance for uncollectible accounts of $202,000. Calculate the allowance ratio at the end 2023 . Note: Round your answer to 1 decimal place

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