Satin Bows Company uses the percentage of credit sales approach to estimate its expected credit losses. It estimates its losses at 1 percent of credit sales, which were $415,300 during the year. The Accounts Receivable balance was $12,500 and the Allowance for Uncollectible Accounts has an existing negative balance of $500 at year-end. (i. e., the bad debt expense had been under estimated in the prior period). What is the bad debt expense for the year

The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

How do communism and socialism differ in terms of the role that government plays in the economy ?

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