The CHS Company has provided the following information: - Accounts receivable written-off as uncollectible during the year amounted to $11,500.
- The accounts receivable balance at the beginning of the ear was $150,000.
- The accounts receivable balance at the end of the year was $210,000.
- The allowance for doubtful accounts balance at the beginning of the year was $14,000.
- The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $12,900.
- Credit sales during the year totaled $900,000.

How much cash was received from collections of accounts receivable?
a. $988,500.
b. $828,500.
c. $690,000.
d. $701,500.

Amarket is said to be equilibrium when quantity demanded is equal to quantity supplied. critically analyse the above statement by giving different types of market

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?

Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to: