SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS Balance at Acquisitions Bad Beginning and $ millions December 31, 2017, allowance for doubtful accounts December 31, 2016, allowance for doubtful accounts December 31, 2015, allowance for doubtful accounts of Year Dispositions Expense Offs $3,735 4,069 3,469 Debt Write- $(21) (361) (17) Balance at End of Year $3,023 $(2.907) $3,830 2,821 (2,793) 3,736 3,136 (2.520) 4,068

SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS Balance at Acquisitions Bad Beginning and $ millions December 31, 2017, allowance for doubtful accounts December 31, 2016, allowance for doubtful accounts December 31, 2015, allowance for doubtful accounts of Year Dispositions Expense Offs $3,735 4,069 3,469 Debt Write- $(21) (361) (17) Balance at End of Year $3,023 $(2.907) $3,830 2,821 (2,793) 3,736 3,136 (2.520) 4,068

Name: 1. Compute the common-size bad debt expense for each year.Note: Round
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Description: 1. Compute the common-size bad debt expense for each year.Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%).201720162015Common size allowance%*% x%* SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTSBalance at Acquisitions

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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