What bad debt expense is
Your company uses the percentage of credit sales method for calculating bad debt expense. If your company has $216,000 in total sales, of which $178,000 are on credit, and its historical bad debt loss is 6% of credit sales, what bad debt expense is:
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Software, Such as Microsoft Excel, is often used to find as optimal solution to maximize profits or minimize costs. Search the Internet using Yahoo!, Google, or another such engine to find other software packages that offer optimization features.&nbs
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Your company uses the percentage of credit sales method for calculating bad debt expense. If your company has $216,000 in total sales, of which $178,000 are on credit, and its historical bad debt loss is 6% of credit sales, what bad debt expense i
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