Reformulating allowance for doubtful accounts and bad debt expense merck & company reported the following from its 2016 financial statements. $ millions 2013 2014 2015 2016 accounts receivable, net $7,184 $6,626 $6,484 $7,018 allowance for doubtful accounts 146 153 165 195 a. compute accounts receivable gross for each year. $ millions 2013 2014 2015 2016 accounts receivable, gross answer 7,330 answer 6,779 answer 6,649 answer 7,213 b. determine the percentage of allowance to gross account receivables for each year. round answers to two decimal places (ex: 0.02345 = 2.35%). 2013 2014 2015 2016 % allowance answer 1.99 answer 2.26 answer 2.48 answer 2.7

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.

In microeconomics, the point at which supply and demand meet is called the blank price

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.