Regan, Inc. implemented a program to improve the collection of its receivables. Over the past two years, the company has collected 88% of its receivables, up from 80%. A review of the company's financial statements would be expected to show: Multiple Choice no difference in the percentage of the allowance for credit losses to receivables. None of these answer choices are correct. a reduction in the percentage of the allowance for credit losses to receivables. an increase in the percentage of the allowance for credit losses to receivables.