Table:
|  | Fiscal Year Ended March 31, |  |
| --- | --- | --- |
|  | 2018 | 2019 |
| Gross Accounts Receivable - Trade | $300,016 | $273,053 |
| Less |  |  |
| Allowances for doubtful accounts | 1,893 | 1,276 |
| Stock rotation and ship from stock and debit | 15,989 | 14,140 |
| Sales returns and discounts | 6,875 | 646 |
| Total allowances | 24,757 | 16,062 |
| Accounts Receivable - Trade, net | $275,259 | $256,991 |
Paragraphs:
5. Trade Accounts Receivable and Contract Liabilities:
Charges related to allowances for doubtful accounts are charged to selling, general, and administrative expenses. Charges related to stock rotation, ship from stock and debit, sales returns, and sales discounts are reported as deductions from revenue. Please refer to Note 6, “Revenue Recognition,” for additional information
Question:
What is the total allowances in 2018 as a percentage of the gross accounts receivable - trade?
Answer: 24757/300016  = 8.25