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Interpreting the Accounts Receivable NoteHP Inc. reports the following in a recent 1 0 - K . $ millionsCurrent YearPrior YearTwo Years PriorAccounts receivable, net$

Interpreting the Accounts Receivable NoteHP Inc. reports the following in a recent 10-K.$ millionsCurrent YearPrior YearTwo Years PriorAccounts receivable, net$5,113$4,414$4,114Revenue58,47252,05648,238Notes to the companys 10-K provide the following additional information relating to its allowance for doubtful accounts.For Fiscal Years Ended October 31($ millions)Current YearPrior YearTwo Years PriorAllowance for doubtful accounts - accounts receivableBalance, beginning of period$101$107$80Provision for doubtful accounts573065Deductions, net of recoveries(29)(36)(38)Balance, end of period$129$101$107a. What is the gross amount of accounts receivables for HP in the current and two prior years?$ millionsCurrent YearPrior YearTwo Years PriorAccounts receivable, grossb. What is the percentage of the allowance for doubtful accounts to gross accounts receivable the current and two prior years?Note: Do not use a negative sign.$ millionsNumeratorDenominator% of Allowance for Doubtful Accounts to Gross Accounts ReceivableCurrent Year:Prior Year:Two Years Prior:c. What amount of bad debts expense did HP report each year? Compute the ratio of bad debts expense to the accounts receivable actually written off.Note: Do not use a negative sign.$ millionsBad Debt ExpenseCurrent Year:Prior Year:Two Years Prior:

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