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The annual report for Fallon Holding Corporation contained the following information: (in millions) 2016 Accounts Receivable $673 Allowance for Doubtful 32 Accounts Accounts Receivable,
The annual report for Fallon Holding Corporation contained the following information: (in millions) 2016 Accounts Receivable $673 Allowance for Doubtful 32 Accounts Accounts Receivable, Net $641 2015 $735 31 $704 Assume that accounts receivable write-offs amounted to $13 during 2016 and $3 during 2015, and that Fallon did not record any recoveries. Required: Determine the Bad Debt Expense for 2016 based on the above facts. (Enter your answer in millions.)
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