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Over the last 2 years, what percentage of Gross Accounts Receivable does the Allowance for Doubtful...

  1. Over the last 2 years, what percentage of Gross Accounts Receivable does the Allowance for Doubtful Accounts represent for LEVI STRAUSS & CO. For the Fiscal Year Ended November 24, 2019?
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Answer #1

For Levi strauss and co., (dollars in thousands)

For the year ended November 24,2019

The gross accounts receivable were = 789,018 and,

the allowance for doubtful debts was = 6,172

Therefore the percentage of Gross Accounts Receivable that the Allowance for doubtful debt represents equals 0.78% .

For the year ended November 25,2018

The gross accounts receivable were = 5,44,201 and,

the allowance for doubtful debts was = 10,037

Therefore the percentage of Gross Accounts Receivable that the Allowance for doubtful debt represents equals 1.84%.

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