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Help Svet Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $165,000 Credit sales, $465,000 . Selling and

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Help Svet Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $165,000 Credit sales, $465,000 . Selling and administrative expenses, $125.000 Sales returns and allowances, $45,000 Gross profit. $505,000 Accounts receivable, $255,000 Sales discounts, $29,000 Allowance for doubtful accounts credit balance, $2,700 Flyer estimates bad debt expense assuming that 2.5% of credit sales have historically been uncollectible. How much is Flyer's bad debt expense? Multiple Choice Prev 1 of 9 Next > 9 ))) A DO Help She Flyer estimates bad debt expense assuming that 2.5% of credit sales have historically been uncollectible. How much is Flyer's bad de expense Multiple Choice $14,325 $13,050 $8.925 $11,625 HAH Next >

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