Percentage of the allowance for doubtful accounts

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Reference no: EM131022638

The XYZ Corporation owns and operates casinos. For a recent year, The XYZ Corporation reported accounts and notes receivable of $684,000 and allowance for doubtful accounts of $121,752.

Patient Care manufactures and sells a wide range of health care products. For a recent year, Patient Care reported accounts receivable of $811,000 and allowance for doubtful accounts of $43,794.

Round your percentage answers to one decimal place.

a. Compute the percentage of the allowance for doubtful accounts to the accounts and notes receivable for The XYZ Corporation.
%

b. Compute the percentage of the allowance for doubtful accounts to the accounts receivable for Patient Care.

Reference no: EM131022638

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