A small company has the marketing information that 35 units will sell daily at a price of $34.75 per unit, and that sales will rise to 36 units per day at a price of $33.06 per unit. Use this information to create a linear demand function, then create the associated revenue function and find the price that will yield the maximum revenue.

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)