Question: Possible reasons for the difference in the two ratios computed in ( a ) and ( b ) include: a . Casino operators historically lose

Possible reasons for the difference in the two ratios computed in

(

)

and

(

)

include:

.

Casino operators historically lose money on operations.

.

Casino operators have larger accounts receivable.

.

Individuals who may have adequate creditworthiness could overextend themselves and lose more than they can afford if they get caught up in the excitement of gambling.

.

Casino operations experience greater bad debt risk, since it is difficult to control the creditworthiness of customers entering the casino.

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