Short Answer
Bealls Department Store reports in millions of dollars on its balance sheet for year-end Year 6 and Year 5 as follows:
It reports charge-offs [synonym for write-offs] of accounts receivable during Year 6 of 4.5 percent of its average gross receivables of $26,000 million and that Bad Debt Expense is 3.5 percent of credit card sales.What were Bealls' credit card sales for Year 6?
Correct Answer:

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$33,800 = ...View Answer
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