Last year, the Tiden Co. had credit sales in the amount of $470,000, and it had uncollectible accounts in the amount $4,7000. Based on last year, what would he percent of estimated uncollectible accounts be this year?
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Last year, the Tiden Co. had credit sales in the amount of $470,000, and it had uncollectible accounts in the amount $4,7000. Based on last year, what would he percent of estimated uncollectible accounts be this year?
What was the percentage last year? Pretty basic math.
What percentage of $470,000 equals $4,700
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