Following are the end of period amount balance for several stationery and office supply companies. each company uses the percentage of the net sales method to estimate its uncollectible accounts expense. the percentage used by each company is also listed.
name sales sales discount sales return& allowance netsell uncollectible(%)
andrews co. 142,360 1,423 936 2
the book note209,100 3,180 1,139 1
cable inc. 173,270 1,730 1,540 1.5
davis inc. 65,460 650 690 2
ever-sharp co. 95,085 900 1,035 1.25
instructions : 1. calculate the amount of adjustment for uncollectible accounts expense using the percentage of net sales method.

Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership.a. autocraticb. free-reinc. contingentd. participative

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.