Which of the following explains why two-part pricing causes customers who purchase few units to pay more per unit than customers who buy more units? a. the average lump-sum fee is constant while the average per-unit price decreases as the quantity purchased increases. b. customers who purchase few units pay a larger lump-sum fee than those customers who buy more units. c. customers who purchase few units pay a larger per-unit price than those customers who buy more units. d. the average per-unit price is constant while the average lump-sum fee decreases as the quantity purchased increases.

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Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?