Question
The following information is taken from the 2015 annual report to shareholders of Hewlett-Packard (HP) Co. Provision for doubtful accounts Accounts receivable, net Accounts receivable,
The following information is taken from the 2015 annual report to shareholders of Hewlett-Packard (HP) Co. Provision for doubtful accounts Accounts receivable, net Accounts receivable, gross For Fiscal 2015 $ 46 million At Fiscal Year-end 2015 13,363 million 13,552 million For Fiscal 2014 $ 25 million At Fiscal Year-end 2014 13,832 million 14,064 million If HP is using the balance sheet approach to determining bad debt expense, what percentage of year-end gross receivables dic in 2015 and 2014, respectively? (Round your answers to 2 decimal places.) 2015 2014 Receivables
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