Ayear minus−end review of accounts receivable and estimated uncollectible percentages revealed the following:

days outstanding

accounts receivable

est. percent uncollectible

1−30 days

62,000

2 %

31−60 days

$44,000

4 %

61−90 days

$25,000

11 %

over 90 days

$7,000

51 %

before the year −end adjustment, the credit balance in allowance for uncollectible accounts was

$1,400. under the aging −of −receivables method, the uncollectible minus−account expense at year−end

is:

a.$7,920.

b.$10,720.

c.$1,240.

d.$9,320.

What is the sequence of events that could lead to trade surplus

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?

Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?