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Summary information for a company's accounts receivable is provided below. You begin your analysis by calculating the allowance account as a percentage of gross accounts
Summary information for a company's accounts receivable is provided below. You begin your analysis by calculating the allowance account as a percentage of gross accounts receivable for each year. 1. What do you observe when comparing this percentage from end of 2021 to end of 2022 ? 2. Identify two possible reasons that could explain the change in this percentage. [Input your response below. Suggested length of 4-6 sentences.]
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