QUESTION 31 The 20x9 financial statements of Leggett & Platt, Inc. include the following information in a footnote. What are the company's current gross accounts and other receivables at the end of 20X9? 20X920x8 millions) Allowance for doubtful accounts Total accounts and other receivables, net $7.2 $9.3 $486.6 $520.2 A 5486.6 million B.5479.4 million C.3452 million D. $493.8 million E None of the above QUESTION 32 The 20x9 income statements of J&J, Inc. reports net sales of $3,749.9 million. The balance sheet reports accounts receivable, net of $486.6 million at December 31, 20x9 and $520.2 million at December 31, 20X8. The days sales outstanding in 20x9 was: A 49 days B. 44 days C. 10 days D.8 days E None of the above QUESTION 33 The 20x9 Form 10-K of Oracle Corporation, for the May 31, 20X9 year-end, included the following information relating to their allowance for doubtful accounts: Balance in allowance at the beginning of the year $327 million, accounts written off during the year of $137 million, balance in allowance at the end of the year S319 million. What did Oracle Corporation report as bad debt expense for the year? A $27 million 8.5129 million C.$118 million D.5151 million None of the above