Yvette lives in dallas and loves to eat desserts. she spends her entire weekly allowance on jello and pie. a bowl of jello is priced at $1.25, and a piece of apple pie is priced at $3.75. at her current consumption point, yvette's marginal rate of substitution (mrs) of jello for pie is 3. this means that yvette is willing to trade three bowls of jello per week for one piece of pie per week. does yvette's current bundle maximize her utility—in other words, make her as well off as possible? if not, how should she change it to maximize her utility?
yvette could increase her utility by buying more pudding and less pie per week.
yvette's current bundle maximizes his utility, and she should keep it unchanged.
yvette could increase her utility by buying less pudding and more pie per week.

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?