Lafond company analyzes its accounts receivable at december 31, and arrives at the aged categories below along with the percentages that are estimated as uncollectible.

age group accounts receivable estimated loss %
0-30 days past due $ 180,000 1%
31-60 days past due 40,000 2
61-120 days past due 22,000 5
121-180 12,000 10
over 180 days past due 8,000 25
total accounts receivable $ 262,000

the unused balance of the allowance for uncollectible accounts on december 31, before any adjustments, is $1,040.
(a) what amount of bad debts expense will lafond report in its income statement for the year?

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?