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Using this table, please answer the following questions. What was the amount of Syscos bad debt expense for 2020? What was the amount of receivables
Using this table, please answer the following questions.
- What was the amount of Syscos bad debt expense for 2020?
- What was the amount of receivables written-off, net of recoveries, during 2020?
- What effect did the write-offs have on net income and on ending total assets for 2020?
- What is the effect on the firms cash flows of recognizing a bad debt expense?
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