lily24113
lily24113
08.04.2021 • 
Business

The year-end financial statements of Prize Inc. include the accounts receivable footnote: Total accounts and other receivables at December 31 consisted of the following: (in millions) Year 2 Year 1 Total accounts and other receivables $395.0 $423.6 Allowance for doubtful accounts (6.0) (7.4) Total accounts and other receivables, net $389.0 $416.2 The balance sheet reports total assets of $2,984.1 million at December 31, Year 2. The common-size amount for gross accounts and other receivables are: Select one: a. $395.0 million b. 13.2% c. None of these are correct. d. 13.0% e. $389.0 million

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