At the end of the year, mark inc. estimates future bad debts to be $6,500. the allowance for uncollectible accounts has a credit balance of $2,500 before any year‐end adjustment. what adjustment should mark inc. record for the estimated bad debts at the end of the year?
a. debit bad debt expense, $6,500; credit allowance for uncollectible accounts, $6,500
b. debit bad debt expense, $4,000; credit allowance for uncollectible accounts $4,000
c. debit allowance for uncollectible accounts, $9,000; credit bad debt expense, $9,000
d. debit bad debt expense, $9,000; credit allowance for uncollectible accounts, $9,000

Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 31, 2017. 2. complete the table to calculate the cost of goods sold for both garcon company and pepper company for the year ended december 31, 2017.

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii