Because other firms are willing to pay to advertise with them, suppliers of nonrival private goods often modify their products to take on the qualities of what type of goods in distribution? private goods public goods common resources none of the above; producers of nonrival private goods do not change their characteristics. which statements are reasons why advertising is an effective solution to the problem of some private nonrival goods?

a. private goods

b. public goods

c. common resources

d. none of the above; producers of nonrival private goods don't change their characteristics

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?