Tanya is very interested in providing medical care and helping injured people. Gerald wants to discover information about people and crimes, but he wants to be self-employed and work for individual customers instead of for the government. He is also skilled at writing reports. Hunter has always wanted to protect the people in his rural town and investigate crimes. Which career is best suited to each person? Tanya should be an Ambulance Dispatcher, Gerald should be a Police Detective, and Hunter should be a Forest Firefighter.
Tanya should be a Paramedic, Gerald should be a Private Investigator, and Hunter should be a Deputy Sheriff.
Tanya should be a Paramedic, Gerald should be a Police Detective, and Hunter should be a Deputy Sheriff.
Tanya should be a Ambulance Dispatcher, Gerald should be a Private Investigator, and Hunter should be a Forest Firefighter.

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)