Nature of Uncollectible Accounts MGM Resorts International (MGM) owns and operates casinos including the MGM Grand and the Bellagio in Las Vegas, Nevada. For a recent year, the MGM Resorts International reported accounts and notes receivable of $707,278,000 and allowance for doubtful accounts of $94,561,000. International Business Machines (IBM) provides information technology services, including software, worldwide. For a recent year, IBM reported notes and accounts receivable of $8,169,000,000 and allowance for doubtful accounts of $299,000,000.

a. Compute the percentage of the allowance for doubtful accounts to the accounts and notes receivable for MGM. Round your answer to one decimal place. fill in the blank 1 %

b. Compute the percentage of the allowance for doubtful accounts to the accounts receivable for IBM. Round your answer to one decimal place.