Sage company’s unadjusted trial balance at december 31, 2020, included the following accounts. debit credit accounts receivable $50,500 allowance for doubtful accounts 5,670 net sales $1,255,000 sage company estimates its bad debt expense to be 5% of gross accounts receivable. determine its bad debt expense for 2020.

Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups.b) abandon the idea of vertical integration entirely.c) pursue taper integration.d) introduce a budget line of guitars to diversify the firm's offerings.