Choose one of the companies on the table and explain why their percentage allowance is the way it is on the table.

Why It Matters Allowance Percentages Across Companies The percent of the allowance for doubtful accounts to total accounts receivable will vary across companies and industries. For example, the following percentages were computed from recent annual reports: Company Industry Coca-Cola DuPont HCA Nike Union Pacific Wynn Resorts Beverages Chemicals Health services Apparel Transportation services Casino gaming Percent of Allowance for Doubtful Accounts to Total Accounts Receivable 7.1% 3.8% 46.8% 2.2% 0.3% 23.9%