Exercise 7-5 Percent of sales method; write-off LO P3 At year-end (December 31), Chan Company estimates its bad debts as 0.70% of its annual credit sales of $811,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $406 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare the journal entries for these transactions.

In response to the gates malaria forum in october 2007, countries are debating the pros and cons of eradication. dr. arata kochi of the world health organization believes that with enough money malaria cases could be cut by 90 percent, but he believes that it would be very expensive to eliminate the remaining 10 percent of cases. he concluded that countries should not strive to eradicate malaria. source: the new york times, march 4, 2008 draw a marginal cost curve that is consistent with dr. kochis opinion as reported above. draw a marginal benefit curve that is consistent with dry. kochis opinion as reported above. draw a point to show the quantity of malaria eradicated that achieves allocative efficiency.

Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?