Anewly created design business, teri's art, is finishing its first year of operations. during the year, credit sales were $ 43 comma 000 and collections of credit sales were $ 34 comma 000. one account for $ 675 was written off. teri's art uses the method to account for bad debts expense. it has estimated $ 250 as uncollectible at yearminusend. what is the amount of the bad debts expense for the first year of operations?

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?