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What percentage of gross accounts receivable

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Question - Components of Balance Sheet and Income Statement - Refer to the Metropolis Health System (MHS) balance sheet and statement of revenue and expense in the MHS Case Study appearing in Chapter 33. Patient accounts receivable of $7,400,000 is shown as net of $1,300,000 allowance for bad debts (8,700,000 2 1,300,000 5 7,400,000). What percentage of gross accounts receivable is the allowance for bad debts?

Reference no: EM133187222

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