Marvin company is a subsidiary of hughes corp. the controller believes that the yearly allowance for doubtful accounts for marvin should be 8% of gross accounts receivable. given the recession and the high interest rate environment, the president, nervous that the parent company might expect the subsidiary to sustain its 10% growth rate, suggests that the controller increase the allowance for doubtful accounts to 9%. the president thinks that the lower net income, which reflects a 6% growth rate, will be a more sustainable rate for marvin company. instructions

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?

Which of the following is an example of a person’s background? a. jose enjoys drawing and painting. b. tobias works as a preschool teacher. c. jennifer grew up in beirut. d. lin wants to be an architect.

Sunglasses are just as protective as safety glasses?