So please show me how you get your numbers I can't work it out.
Is it too hard for you to plug a few numbers in and hit divide?
The 29% is conservative as I used the full year bad debt to last year's receivables which was higher than this year's receivable's going by what you say if bad debt is allocated to this year's receivable's it going to be >30%
Again I don't see how it anything less then the 29%.
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