1. What are the potential positive and negative outcomes in addition to those already discussed) of continuing to purchase product from Firm ABC?
2. What are the potential positive and negative outcomes (other than thosealready discussed) of changing suppliers and purchasing product from Firm
XYZ?
3. Which firm would you choose using the utilitarian approach to decision
making? Why?
4. Which firm would you choose using the rights approach to decision making?
Why?
5. Which firm would you personally choose? Why?

Double corporation acquired all of the common stock of simple company for

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?