Renuka? jain's car wash takes a constant time of 3 minutes in its automated car wash cycle. autos arrive following a poisson distribution at the rate of 12 per hour.

renuka wants to? know:

a.) the average wait time in the line ? = minutes?
b.) the average number of customers waiting in the line ? = cars?

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)