Larkspur distributors, inc. had net sales in 2017 of $2,300,000. at december 31, 2017, before adjusting entries, the balances in selected accounts were accounts receivable $320,000 debit, and allowance for doubtful accounts $1,500 debit. if larkspur estimates that 6% of its receivables will prove to be uncollectible, prepare the december 31, 2017, journal entry to record bad debt expense. (credit account titles are automatically indented when the amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)

Consider 8.5 percent swiss franc/u.s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.

Asap! the following information is given for tripp company which uses the indirect method.