Suppose you buy 2,500 shares of Microsoft at $20 per share and 3,500 shares of Pepsi at $35 per share. If Microsoft's stock goes up to $30 per share and Pepsi stock falls to $30 per share and neither paid dividends. a. What is the new value of the portfolio? What return did the portfolio earn?
c. If you don't buy or sell any shares after the price change, what are the new portfolio weights?

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?