Question
Book &takeAgentSessio inprogress-tale Thow Me How A B d Nature of Uncollectible Accounts The XYZ Corporations and operates hotels and casines including the XYZ
Book &takeAgentSessio inprogress-tale Thow Me How A B d Nature of Uncollectible Accounts The XYZ Corporations and operates hotels and casines including the XYZ Grand and the flags in Las Vegas, Nevada. As of a recent year, XYZ reported accounts receivable of $742,000 and allowance for doubtful accounts of 1153,594 Patient Care manufactures and sells a wide range of healthcare products including Band Aids and Tylenol. As of a recent vea, Patient Care reported accounts receivable of $859,000 and allowance for douteful accounts of $33,501. Round your answers to one decimal place a Compute the percentage of the allowance for doubt acts to the accounts receivable for The X12 Corporation " Compute the percentage of the ance for doubt accounts to the accounts receivable for Patient Care c. Possible reasons for the difference in the two ratios computed in (a) and a. Casino operators historically lose money on sperations Casino operators have larger accounts receivable c. Individuals who may have adequate creditworthiness cd overextend themselves and lose more than they can afford they get caught up in the excitement of gambling d. Casino operations experience greater bad debt risk, so it is out to control the Land d worthiness of toners entering the casino call that the persent of the fractal accounts real will vary a companies and les bound on theirs. Consider the differences in the two businesses and their operations. Which type Check My Work Previous Neat Enal vooruiter Save and Sat Sue Assignmere for Grading 604AM 11/54/2005
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