Outlaw bike co. is a wholesaler of motorcycle supplies. an aging of the company’s accounts receivable on december 31, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows:
age class balance percent uncollectible
not past due $892,000 3/4 %
1–30 days past due 285,000 1
31-60 days past due 101,000 8
61–90 days past due 63,000 16
91–180 days past due 43,100 50
over 180 days past due 17,700 80
total $1,401,800
required:
1. assume that the allowance for doubtful accounts for outiaw bike co. had a debit balance of $5,140 as of december 31. journalize the adjusting entry for uncollectible accounts as of december 31 dec. 31

Need with my trade theory homework. i doubt what i wrote was right. consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?

Which of the following is not an example of one of the four mail advantages of prices on a free market economy