As of January 1, 2021, Farley Co. had a credit balance of $524,000 in its allowance for uncollectible accounts. Based on experience, 3% of Farley's credit sales have been uncollectible. During 2021, Farley wrote off $634,000 of accounts receivable. Credit sales for 2021 were $18,000,000.
In its December 31, 2021, balance sheet, what amount should Farley report as allowance for uncollectible accounts?

a) $430,000. b) $540,000. c) $650,000. d) $1,064,000

Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?

What is the relationship among market segmentation, target markts, and consumer profiles?

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of