The information in the following table comes from the 2014 financial statements of QuickBrush Company and SmileWhite Corporation:

Determine which company has the higher quality of earnings by discussing each of the three notes?

Notes to the 2014 Flnanclal Statements QulckBrush SmileWhite Goodwill The company amortzes goodwll over 20 years. The company amortizes goodwll over 5 years. Property, plant, and equipment The company uses a stralght-line depreclation method over the The company uses an accelerated depreclation economic Ilves of the assets, method over the economic Iives which range from 5 to 20 years for bulldings. of the assets, which range from 5 to 20 years for bulldings. The company uses a bad-debt allowance of 2% of accounts Accounts The company uses a bad-debt recelvable allowance of 5% of accounts recelvable. recelvable.