Using Zorb Company's accounts receivable disclosures and the following information, answer the questions below. Click the icon to view the accounts receivable disclosures.) Click the icon to view the additional information.) Read the requirements. D Requirement a. How is the carrying value of accounts receivable determined? The carrying value of the accounts receivable is Requirement b. What factors influence management's judgment in its estimate of the amount of collectible receivables? O A. Management estimates the allowance of doubtful accounts as the amount of probable credit losses in existing accounts receivable as determined from a review of past recoveries and ability to factor with recourse. OB. Management estimates the write-off of accounts receivable as the amount of probable credit losses in existing accounts receivable as determined from a review of past due revenues and expenses. OC. Management estimates the allowance of doubtful accounts as the amount of probable credit losses in existing accounts receivable as determined from a review of past due balances and other specific account data. O D. Management estimates uncollectible accounts in existing accounts receivable as determined from a review of past percentage of assets and percentage of sales. Requirement c. What is the percent of trade receivables to total assets at the end of 2019 and 2018? (Round the percentage to the nearest hundredth percent, X.XX%.) The percent of trade receivables to total assets is % at the end of 2019 and % at the end of 2018. Requirement d. What is the percent of the allowance for uncollectible accounts to total trade receivables in 2019 and 2018? (Round the percentage to the nearest one thousandth percent, XXXX%.) The percent of the allowance to trade receivables is % in 2019 and % in 2018. Requirement e. What were Zorb's write-offs of accounts receivable in 2019 and 2018? (Enter amounts in millions as provided to you in the problem statement, XX.) Zorb's write-offs of accounts receivable were million in 2019 and million in 2018 GO Accounts receivable disclosures ? More information (in millions) 2019 2018 ise NOTE 1: Accounting Policies Accounts Receivable Accounts receivable consists principally of trade receivables, which are recorded at the invoiced amount, net of allowances for doubtful accounts and prompt payment discounts. Trade receivables do not bear interest. The allowance for doubtful accounts represents management's estimate of the amount of probable credit losses in existing accounts receivable, as determined from a review of past due balances and other specific account data. Account balances are written off against the allowance when management determines the receivable is uncollectible. For the years ended 2019 and 2018, the Company did not have off-balance sheet credit exposure related to its customers. Net sales $ 10.000 $ 9,800 Accounts receivable, net 1,381 2,257 Hata Total assets 16,500 15.775 NOTE 18 SUPPLEMENTAL FINANCIAL STATEMENT DATA Consolidated Balance Sheet (millions) Trade receivables 2019 2018 $ 2,000 1,200 $ (13) Requirements Allowance for doubtful accounts (13) Refundable income taxes 53 64 141 206 Other receivables $ 1,381 $ 2.257 2019 2018 2017 Accounts receivable, net Allowance for doubtful accounts (millions) Balance at beginning of year Additions charged to expense Doubtful accounts charged to reserve a. How is the carrying value of accounts receivable determined? b. What factors influence management's judgment in its estimate of the amount of collectible receivables? c. What is the percent of trade receivables to total assets at the end of 2019 and 2018? d. What is the percent of the allowance for uncollectible accounts to total trade receivables in 2019 and 2018? What were Zorb's write-offs of accounts receivable in 2019 and 2018? $ 11 $ 10 $ 5 4 4 6 e. (2) (1) (4) $ 13 $ 13 $ 7 Balance at end of year