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Below is the Accounts Receivable line from the Balance Sheet of Corgi Feldman Inc. Estimate how much Corgi Feldman reduced its expenses in Year 2
Below is the Accounts Receivable line from the Balance Sheet of Corgi Feldman Inc. Estimate how much Corgi Feldman reduced its expenses in Year 2 by reducing its estimated percentage of uncollectible accounts. (Hint: See the Dogamer case for an example of this calculation)
Year 1 | Year 2 | |
Accounts receivable, net of allowance of 21 and 12, respectively | 679 | 788 |
12.0
9.0
3.0
12.4
3.4
Year 1 | Year 2 | |
Accounts receivable, net of allowance of 21 and 12, respectively | 679 | 788 |
12.0
9.0
3.0
12.4
3.4
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