Question: QUESTION 3) (20 pts) Three years data extracted from Company A's financial reports is given below. As an analyst do you think that allowances for

QUESTION 3) (20 pts) Three years data extracted from Company A's

QUESTION 3) (20 pts) Three years data extracted from Company A's financial reports is given below. As an analyst do you think that allowances for 2020 is sufficient? Note: To defend you answer you need to make some calculations (10 pts) and to comment on your findings in a min. of 30 words (10 pts). (Show the calculation otherwise you will not gain any points - Use at least two digits after the decimal points) Sales Revenue Accounts Receivable Allowance for Doubtful Accounts 2018 2019 2020 123,800 162,500 148,000 24,760 32,500 29,600 2,476 3,250 2,516

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