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?

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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.