The XYZ Corporation owns and operates hotels and casinos induding the XYZ Grand and the Bellagio in Las Vegas, Nevada. As of a recent year, reported accounts receivable of $697,000 and allowance for doubtful accounts of $137,309. Patient Care manufactures andsens a wide-tabpe of a. Compute the percentage of the allowance for doubtful accounts to the accounts recelvable for the XYZ Corporation. Round your answer fo ene decimal place. b. Compute the percentage of the allowance for doubtful accounts to the accounts receivable for Patient Care. Mound your answer to one decimal place. c. Ponsible reasons for the difference in the two ratios computed in (a) and (b) indude: a. Casino operators historically lose money on operations. b. Casino operators have larger accounts receivable. c. Individuals who may have adequate creditworthiness could overextend themselves and lose more than they can afford it they get caught up in the excitement of gambling. d. Casino operations experience oreater bad debt risk because it is difficult to control the creditworthiness of customers entering the casino. Feedback F Check My Work Recall that the percent of the allowance for doubtful accounts to total accounts receivable will vary across companies and industries based on