Nicole’s getaway spa (ngs) purchased a hydrotherapy tub system to add to the wellness programs at ngs. the machine was purchased at the beginning of the year at a cost of $8,500. the estimated useful life was five years and the residual value was $500. assume that the estimated productive life of the machine is 10,000 hours. expected annual production was year 1, 2,250 hours; year 2, 2,350 hours; year 3, 2,300 hours; year 4, 2,100 hours; and year 5, 1,000 hours.

Serious question, which is preferred in a business? pp or poopoo?

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?

Which of the following economic behaviors causes scarcity? a limited supply and unlimited demand b limited supply and unlimited credit c limited supply and limited regulation d limited supply and limited incentives