Case A Keurig Dr Pepper, is a leading worldwide integrated brand owner, bottler, and distributor of nonalcoholic beverages. Key brands include Dr Pepper, Snapple, 7-UP, Mott's juices, A&W root beer, Canada Dry ginger ale, Schweppes ginger ale, Hawaiian Punch, and Green Mountain coffee among others, and the innovative Keurig single-serve coffee system. The following represents selected data from recent financial statements of Keurig Dr Pepper (dollars in millions): December 31, 20x2 KEURIG DR PEPPER Consolidated Balance Sheets (partial) December (in millions) 31, 20x3 Assets Current assets: Cash and cash equivalents $ 61 Accounts receivable (net of allowances of $2 and $3, respectively) 668 $1,787 595 Consolidated Statements of Income (partial) For the Year Ended December 31 (in millions) 20x3 20x2 20x1 Net sales $ 6,690 $ 6,440 $ 6, 282 Net income $ 1,076 $ 847 $ 764 The company also reported bad debt expense of $2 million in 20x3, $1 million in 20x2, and $2 million in 20x1. Required: 1. Record the company's write-offs of uncollectible accounts for 20x3. 2. Assuming all sales were on credit, what amount of cash did Keurig Dr Pepper collect from customers in 20x3? 3. Compute the company's net profit margin for the three years presented. Required 1 Required 2 Required 3 Record the company's write-offs of uncollectible accounts for 20x3. (If no entry is required for a transaction, entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered View transaction list Journal entry worksheet 1 Record the company's write-offs of uncollectible accounts for 20x3. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assuming all sales were on credit, what amount of cash did Keurig Dr Pepper collect from customers in 20x3? (Enter your answer in millions.) Cash collections for 20x3 million Compute the company's net profit margin for the three years presented. (Round your percentage answers to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Net Profit Margin % % 20x3 20x2 20x1 %