International strategy refers to a(an) a. political and economic action plan developed by businesses and governments to cope with global competition. b. strategy through which the firm sells products in markets outside the firm's domestic market. c. strategy american firms use to dominate international markets. d. action plan pursued by american companies to compete against foreign companies operating in the united states.

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)