Saturday, 16 November 2019

In 2018, Odirep, Incorporated had Gross Accounts receivable of $2,638,200 and management estimated

In 2018, Odirep, Incorporated had Gross Accounts receivable of $2,638,200 and management estimated the Allowance for Doubtful accounts to be $235,100. Compute the ratio of Allowance of Doubtful accounts to Net Accounts receivable for Odirep, Inc. for 2018 (that is, compute Allowance/Net Accounts receivable – record your answer as a percent rounded to one decimal place; for example, record 0.234567 as 23.5%).

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