Question
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
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 Accounts receivable, net Accounts receivable, gross $ 41 million $ 118 million At Fiscal Year- At Fiscal Year- end 2015 15,966 million 16,388 million end 2014 16,497 million 17,051 million What is the balance in HF's allowance for doubtful accounts at the end of the fiscal years 2015 and 2014, respectively? Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). For Fiscal 2015 Allowance for doubtful accounts million For Fiscal 2014 million
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
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