The following information was taken from Burger King Worldwide's 2013 annual report: Note 3. Trade...
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The following information was taken from Burger King Worldwide's 2013 annual report: Note 3. Trade and Notes Receivable, net Trade and notes receivable, net, consists of the following (in millions): As of December 31, 2013 2012 Trade accounts receivable $190.6 $195.6 Notes receivable, current portion 4.9 3.1 195.5 198.7 Allowance for doubtful accounts (15.8) (19.7) Total, net $179.7 $179.0 The change in allowances for doubtful accounts is as follows (in millions): As of December 31, 2013 2012 Beginning balance $19.7 $21.3 Bad debt expense (recoveries), net 2.0 (0.8) Write-offs and other (5.9) (0.8) Ending balance $15.8 $19.7 What percentage of Burger King Worldwide's 2013 trade accounts and notes receivable balance does it anticipate will be uncollectible (report the percentange as a decimal and round to the nearest thousandths, e.g. .0251 and not 2.51%,)
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