Multiple Choice
Last year, Plants Unlimited had net credit sales of $696,000 and it had uncollectible accounts of $32,000. Based on last year, what would the percent of estimated uncollectible accounts be this year?
A) 4.40%
B) 4.82%
C) 4.60%
D) 45.98%
Correct Answer:
Verified
Correct Answer:
Verified
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