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Today 6:55 PM 1 - $200 The Hamada Company sales for 2021 totaled $162,000 and purchases totaled $85,000. Selected January 1, 2021, balances were: accounts

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Today 6:55 PM 1 - $200 The Hamada Company sales for 2021 totaled $162,000 and purchases totaled $85,000. Selected January 1, 2021, balances were: accounts receivable, $19,000; inventory, $15,900; and accounts payable, $11,800. December 31, 2021, balances were: accounts receivable, $14,400; inventory, $18,400; and accounts payable, $14,300. Net cash flows from these activities were: O B Homepage - ACCT 302 MOAA Connect education.com/ext/map/index.html?_cona con&external_browser launchthttps%253A%252F%252Fims.meducation.com 252Fmghmiddleware Tube Maps Help Seve C The following information is taken from the 2015 annual report to shareholders of Hewlett-Packard (HP) Co For Fiscal 2015 Provision for doubtful accounts For Fiscal 2014 5 25 million 5 46 million Accounts receivable, net Accounts receivable, gross At Fiscal Year end 2015 13,363 million 13,552 million At Fiscal Year end 2014 13,832 million 14,064 illion If HP is using the balance sheet approach to determining bad debt expense, what percentage of year-end gross receivables did it use in 2015 and 2014, respectively? (Round your answers to 2 decimal places.) Receivables 2015 2014 31 of 53

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