At January 1, 2024, Betty DeRose, Inc. reported an allowance for doubtful accounts with a $26,000 credit balance. During 2024, Betty wrote-off as uncollectible accounts receivable totaling $37,000. At December 31, 2024, Betty prepared the aging schedule below: Accounts Receivable % Uncollectible not past due $227,000 1% 1-39 days past due $163,000 7% 40-79 days past due $102,000 11% 80-119 days past due $ 83,000 22% over 119 days past due $ 36,000 48% Based on the above aging schedule, Betty's bad debt expense for 2024 was estimated to be $59,000. Calculate the amount of recoveries recorded Betty DeRose, Inc. during 2024.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?

By changing its recipe, a smoothie chain is reacting to a change in the environment. while it is important to be able to quickly adapt, it is also important to take a proactive approach to changes in the marketing environment. implementing a proactive approach requires constantly scanning and analyzing the environment so that changes do not come as a surprise. the statements below are findings from environmental scanning and analysis. select the marketing environment force that best describes each of the statements listed.