The XYZ Corporation owns and operates casinos. As of December 31, 2009, The XYZ Corporation reported accounts and notes receivable of $741,000 and allowance for doubtful accounts of $157,092.

Patient Care manufactures and sells a wide range of health care products. As of December 31, 2009, Patient Care reported accounts receivable of $850,000 and allowance for doubtful accounts of $29,750.

Round all amounts to one decimal place.

a. Compute the percentage of the allowance for doubtful accounts to the accounts and notes receivable as of December 31, 2009, for The XYZ Corporation.
%

b. Compute the percentage of the allowance for doubtful accounts to the accounts receivable as of December 31, 2009, for Patient Care.
%

I don't know why this is posted under Colleges/Univerisities when it appears to be homework. >moved<

If it is: Ask Me Help Desk - Announcements in Forum : Homework Help (https://www.askmehelpdesk.com/math-sciences/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)
“Read this first - Expectations for the Homework Help Board:
Do not simply retype or paste a question from your book or study material

We won't do your homework questions for you. You were given the assignment for you to learn.

If you come up with your own answer and post it for us to critique that is within reason.

If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that. But this is your assignment, so show us you have at least attempted to complete it on your own.

Thank you.”

I don't know why this is posted under Colleges/Univerisities when it appears to be homework. >moved<

If it is: Ask Me Help Desk - Announcements in Forum : Homework Help (https://www.askmehelpdesk.com/math-sciences/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)
“Read this first - Expectations for the Homework Help Board:
Do not simply retype or paste a question from your book or study material

We won't do your homework questions for you. You were given the assignment for you to learn.

If you come up with your own answer and post it for us to critique that is within reason.

If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that. But this is your assignment, so show us you have at least attempted to complete it on your own.

Thank you.”

In my defense: I do have the homework filled out on my own on paper. I just can't get it right. I was just hoping for a clue on what I am doing wrong. I will repost with this clarification. Do you know if there is any way to edit? I wasn't trying to upset anyone. I just can't get a couple questions. I figured someone could lead me in the right direction at least. I explained this in my response to you on my other threads. I just got all these e-mails. I am sorry. I will be respectful of the policy in the future.

For this problem: I believe we just find the precentages but I am not 100% on that. For a I did 157,092/741,000 X ?/100 and got 21.2 %. For b I did 29,750/850,000 X ?/100 and got 3.5%. Can anyone tell me if I am at least on the right track?

I was not trying to cheat (though I can see how one might think that). If you knew me in person you would know I am a very honest person. I will be more aware of the policy in the future.

No problem, Emmy - and thank you for understanding. You wouldn't believe how many homework problems are posted every day.

I'm an English major so you pretty much lost me when you fired up your computer... but someone will come along.