The following information is taken from the 2015 annual report to shareholders of Herme-Finnet (HF) Company. For Fiscal 2015 For Fiscal 2014 Provision
The following information is taken from the 2015 annual report to shareholders of Herme-Finnet (HF) Company.
| 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 | 15,936 | million | 16,467 | million |
| Accounts receivable, gross | 16,328 | million | 16,991 | million |
What is the balance in HF's allowance for doubtful accounts at the end of the fiscal years 2015 and 2014, respectively?
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Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
