Question

MGM Resorts International owns and operates hotels and casinos including the MGM Grand and the Bellagio in Las

Vegas, Nevada. As of a recent year, MGM reported accounts receivable of $562,947,000 and allowance for doubtful accounts of $89,602,000. Johnson & Johnson manufactures and sells a wide range of healthcare products including Band-Aids and Tylenol. As of a recent year, J&J reported A claim against the customer created by selling merchandise or services on credit.accounts receivable of $11,260,000,000 and The contra asset account for accounts receivable.allowance for doubtful accounts of $275,000,000.

The percentage of the allowance for doubtful accounts to the accounts receivable for MGM.?    Round your answer to one decimal place.

The percentage of the allowance for doubtful accounts to the accounts receivable for Johnson & Johnson?. Round your answer to one decimal place.

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