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of a recent year, Patient Core repoited accounts receivable of $952,000 and allowance for doetstiul hocounts of $42,140. a. Combute the percentape of the allowance

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of a recent year, Patient Core repoited accounts receivable of $952,000 and allowance for doetstiul hocounts of $42,140. a. Combute the percentape of the allowance for doubthil accounts to the accounts rrcenvable for the Xyz. Corporation, Hound your answer to onet decimal place, - b. Compute the petcentage of the allowance for doubtiol accounts to the accounts receivable for Patient Cate. Round vour answer to one decienal place. c. Possible feasons for the difference in the two ratios computed in (a) and (b) include: a. Caino operstors historically lose money on operations: b. Catine operators have larger bccounts receivable. c Individuals who may have adequate ceditwarthiness could overextend themselves and lose more than they can affore if they get ciught op in the excitement of gambling. d. Casino operations expenience greater bad debt risk because it is difficulc to control the creditworthiness of customers entering the casino

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