Nature of Uncollectible Accounts MGM Resorts Internationat owns and operates hotels and caninos including the MGM Grand and the Bellapo in Las Vegas, Nevade. As of a recent year, McM teperted aceourts receivable of $747,961,000 and allowance for doubeful accounts of $90,775,000. Johnson 5 bohnson manufaceures and seils a wide range of hemikrare doukthal accounts of 4240,000,000 a. Combutie the percentage of the aliowance for doubthul accounts to the accounts receivacde for Mach Resarts fnkemational. Round to one decimal place. X w b. Combute the percentage of the alowance for doubefu accounts to the accounts receivabia for latnson ss Johncon. Aound to one decimal atace. c. Porsible reasons for the dikerence in the two ration computed in (a) and (b) include: a. Casino eperators historically lose money on cperatigns. b. Casino operaters have larger accounts receivable. c. Indlyiduals who may have adequate creditworthiness could overextend themselves and lose more than they can aHord if ther get eaught co in ine exieterent of gambing a. Casino eperations experience greater bad debt risk because it is difficult to control the crestworthineis of cuatemers entering the cauno. Fones in wich