If you randomly select stocks and add them to your portfolio, which of the following statements best describes what you should expect? a. adding more such stocks will increase the portfolio's expected rate of return. b. adding more such stocks will reduce the portfolio's beta coefficient and thus its systematic risk. c. adding more such stocks will have no effect on the portfolio's risk. d. adding more such stocks will reduce the portfolio's market risk but not its unsystematic risk. e. adding more such stocks will reduce the portfolio's unsystematic, or diversifiable, risk.

On december 31, 2017, extreme fitness has adjusted balances of $870,000 in accounts receivable and $69,000 in allowance for doubtful accounts. on january 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $17,000. what amount would the company report as its net accounts receivable on december 31, 2017? prepare the journal entry to write off the accounts on january 2, 2018. assuming no other transactions occurred between december 31, 2017, and january 3, 2018, what amount would the company report as its net accounts receivable on january 3, 2018? has net accounts receivable changed from december 31, 2017?