Firm xyz is evaluating whether to introduce a new energy drink. the marketing research department estimates sales will be around $10 million per year for the next 6 years. however, the product is also expected to erode sales of the firm’s current product line by about $1 million per year. what are the relevant annual sales figures that should be used to evaluate this new product?

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?

If you want to go directly to a specific web page using a url, where should you type the url in firefox? a. in an e-mail b. in a google account c. in the address bar d. in the username field select the best answer from the choices provided a b c d