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Required information The following information is taken from the 2015 annual report to shareholders of Hewlett-Packard (HP) Co. For Fiscal 2015 For Fiscal 2014 Provision
Required information The following information is taken from the 2015 annual report to shareholders of Hewlett-Packard (HP) Co. For Fiscal 2015 For Fiscal 2014 Provision for doubtful accounts 35 million 112 million At Fiscal Year-end 2015 At Fiscal Year-end 2014 Accounts receivable, net Accounts receivable, gross 15,936 million 16, 328 million 16,467 million 16, 991 million If HP is using the balance sheet approach to determining bad debt expense, what percentage of year-end gross receivables did it use in 2015 and 2014, respectively? (Round your answers to 2 decimal places.) Receivables 2015 2014
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