Edsel Inc. has the following unadjusted year end trial balance information available for 2018: Credit sales $ 600,000 Ending accounts receivable balance $ 180,000 Ending allowance for uncollectibles $ 1,500 Estimated uncollectibles 2 % If Edsel uses the sales revenue approach for estimating the bad debt provision, the income statement should show an expense of:

Which of the following best explains why large companies pay less for goods from wholesalers? a. large companies are able to pay for the goods they purchase in cash. b. large companies are able to increase the efficiency of wholesale production. c. large companies can buy all or most of a wholesaler's stock. d. large companies have better-paid employees who are better negotiators.