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![MBA Accounting] Assume the Company measures bad debt expenses as 2% of beginning gross receivables. Calculate the amount of bad debts written off in fiscal year 2021. : r/HomeworkHelp](https://preview.redd.it/mba-accounting-assume-the-company-measures-bad-debt-v0-3x0l82bao0r91.png?width=640&crop=smart&auto=webp&s=4f3d223212e28d2a075083e549eccdf259488684 "MBA Accounting] Assume the Company measures bad debt expenses as 2% of beginning gross receivables. Calculate the amount of bad debts written off in fiscal year 2021. : r/HomeworkHelp")
MBA Accounting] Assume the Company measures bad debt expenses as 2% of beginning gross receivables. Calculate the amount of bad debts written off in fiscal year 2021. : r/HomeworkHelp
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SOLVED: 1. From the following information calculate Gross Profit Ratio,Inventory Turnover Ratia and Trade Receivables Turnover Ratio Revenue from Operations 3,00,000 Cost of Revenue from Operations 2,40,000 Inventory at the end 62,000
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