Clark Company estimated the net realizable value of its accounts receivable as of December 31, 2014, to be $180,000 based on an aging schedule of accounts receivable. Clark has also provided the following information: the accounts receivable balance on December 31, 2014 was $193,000. Uncollectible accounts receivable written-off during 2014 totaled $13,500. the allowance for doubtful accounts balance on January 1, 2014 was $18,000. How much is Clark's 2014 bad debt expense? a. $13,000 b. $4,500 c. $17,500 d. $8,500

Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.

If airlines do not change their prices how else might they try to compete with each other?