At the beginning of 2018, brad’s heating & air (bha) has a balance of $25,000 in accounts receivable. because bha is a privately owned company, the company has used only the direct write-off method to account for uncollectible accounts. however, at the end of 2018, bha wishes to obtain a loan at the local bank, which requires the preparation of proper financial statements. this means that bha now will need to use the allowance method. the following transactions occur during 2018 and 2019. a. during 2018, install air conditioning systems on account, $180,000. b. during 2018, collect $175,000 from customers on account. c. at the end of 2018, estimate that uncollectible accounts total 20% of ending accounts receivable. d. in 2019, customers’ accounts totaling $7,000 are written off as uncollectible.

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.

Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018