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What is a subsidiary?Does Illinois Tool Works, Inc. have any subsidiaries?If yes, do you think they own 100% of those subsidiaries or a percentage less

What is a subsidiary?Does Illinois Tool Works, Inc. have any subsidiaries?If yes, do you think they own 100% of those subsidiaries or a percentage less than 100%?How do you know?

Summary of Significant Accounting Policies for Trade Receivables.Why do companies report trade receivables net of allowances of doubtful accounts?Do you think Illinois Tool Works has done an adequate job of managing the allowance for doubtful accounts over the last three year? Why?

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