At the end of 2021, Worthy Co.’s balance for Accounts Receivable is $15,000, while the company’s total assets equal $1,450,000. In addition, the company expects to collect all of its receivables in 2022. In 2022, however, one customer owing $4,600 becomes a bad debt on March 14. Record the write off of this customer’s account in 2022 using the direct write-off method

Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. b. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. c. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. d. the federal reserve bank acts as an insurance company that pays customers if their bank fails. 2b2t

Why should managers invest any excess cash

What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4