siicklmods3137 siicklmods3137

27-12-2023
Business

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Shore+Co. provides for doubtful accounts based on 3% of credit sales. The following data is available for 2020. What financial metric is being used to estimate doubtful accounts?
A) Return on Investment (ROI)
B) Profit Margin
C) Investment Turnover
D) Percentage of Credit Sales

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