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The Glass House, a glass and china store, sells nearly half its merchandise on credit. During the past 4 years, the following data were developed

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The Glass House, a glass and china store, sells nearly half its merchandise on credit. During the past 4 years, the following data were developed for credit sales and losses from uncollectible accounts: "Losses from uncollectible accounts are the actual losses related to sales of that year (rather than write-offs of that year). Calculate the loss rate for each year from 2010 through 2013. Round your answers to three decimal places

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