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louhting ACCOUNTING PRINCIPLES (ACCT 100 PMBA504/ ACCT101) Read, Study & Practice Gradebook ORION Downloadable eTextbook t>Open Assignment FULL SCREEN PRINTER VERSION BACK ENT ES User
louhting ACCOUNTING PRINCIPLES (ACCT 100 PMBA504/ ACCT101) Read, Study & Practice Gradebook ORION Downloadable eTextbook t>Open Assignment FULL SCREEN PRINTER VERSION BACK ENT ES User Perspective Problem 6-6 dule 4 Part I: Receivables LUS Problem 6- Lowrate Communications is in the cellular telephone industry. The following selected information has been compiled (in thousands of dollars) Accounts receivable (net) Allowance for doubtful accounts Accounts written off Bad debts expense Sales revenue (all on account) 2016 2015 2014 $1,469.8 $1,230.6 $1,044.8 128.9121.9 118.0 305.4 267.6 296.8 312.4271.5 267.0 12,661.8 11,367.8 10,420.0 tion Problem ticn ssion) tion Problem Part Level ssion) ation Problem Part Level ssion) erspectiv m 6-6 In each of the three years presented, what percentage of the company's total accounts receivable is estim (Round answers to 2 decimal places, e.g. 15.25.) ated to be uncollectible? 2015 2014 2016 Percentage uncollectible Score Results by bjective LINK TO TEXT LINK TO TEXT se? (Round answers to 2
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