On october 12 of the current year, a company determined that a customer's account receivable was uncollectible and that the account should be written off. assuming the allowance method is used to account for bad debts, what effect will this write-off have on the company's net income and total assets? a) decrease in net income; no effect on total assets. b) no effect on net income; no effect on total assets. c) decrease in net income; decrease in total assets. d) increase in net income; no effect on total assets. e) no effect on net income; decrease in total assets.

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:

Serious question, which is preferred in a business? pp or poopoo?

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.