Net credit sales for the month are $4,000,000 for marx clothiers. its accounts receivable balance is $160,000. the allowance is calculated as 7.5% of the receivables balance using the percentage of receivables basis. the allowance for doubtful accounts has a credit balance of $5,000 before adjustment. how much is the balance of the allowance account after adjustment?

The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.