On june 2, 2019, harold's tv sales sold richard a large hd tv, on account, for $12,000. harold's tv sales uses the accrual method. in 2020, when the balance on the account was $8,000, richard filed for bankruptcy. harold was notified that he could expect to receive 60 cents on the dollar of the amount owed to him. in 2021, final settlement was made and harold received $5,000. how much bad debt loss can harold deduct and in which year(s)?

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine

Which of these makes a student loan different from other types of loans