Question: Adams & Allen develops, produces, and markets a wide range of computer software including the Windows operating system. Adams & Allen reported the following information

Adams \& Allen develops, produces, and markets a wide range of computer software including the Windows operating system. Adams \& Allen reported the following information about Net Sales Revenue and Accounts Receivable (all amounts in millions). According to its Form 10-K, Adams \& Allen recorded Bad Debt Expense of $8 and did not recover any previously written-off accounts during the year ended June 30,2019. Required: 1\&2. What amount of accounts receivable was written off during the year ended June 30,2019 ? What was Adams \& Allen receivables turnover ratio in 2019? 3. Does your answer in requirement 2 suggest the collectibility of Accounts Receivable improved (or deteriorated) in 2019 , relative to 2018 when the turnover was 5.1? Complete this question by entering your answers in the tabs below. What amount of accounts receivable was written off during the year ended June 30, 2019? What was Adams \& Allen receivables turnover ratio in 2019? (Enter your answer in millions. Round your answer to 1 decimal place.)
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