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Nature of Uncollectible Accounts The XYZ Corporation owns and operates casinos. For a recent year, The XYZ Corporation reported accounts and notes receivable of $568,000
Nature of Uncollectible Accounts The XYZ Corporation owns and operates casinos. For a recent year, The XYZ Corporation reported accounts and notes receivable of $568,000 and allowance for doubtful accounts of $69, 864. Patient Care manufactures and sells a wide range of health care products. For a recent year, Patient Care reported accounts receivable of $914,000 and allowance for doubtful accounts of $35, 646. Round your percentage answers to one decimal place. Compute the percentage of the allowance for doubtful accounts to the accounts and notes receivable for The XYZ Corporation. Compute the percentage of the allowance for doubtful accounts to the accounts receivable for Patient Care
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