Calculate the amount of bad debts written off in fiscal year

Reference no: EM132688633

Consider the excerpts from the Clorox Annual Report for Fiscal Year 2020 (i.e., the fiscal year ended June 30, 2020) and answer the following question using only this information

Problem 1: Assume the Company measures bad debt expenses as 1% of beginning gross receivables. Calculate the amount of bad debts written off in fiscal year 2020.

Reference no: EM132688633

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