Using the aging method of accounts receivable method, $5,700 of the company’s accounts receivable are estimated to be uncollectible. at the end of the year, the balance of accounts receivable is $107,000 and the unadjusted credit balance of the allowance for doubtful accounts is $640. credit sales during the year totaled $164,000. what is the current year’s bad debt expense?

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?