Which conditions might cause someone to save more than three months' worth of expenses? (choose all that apply) 1. they could find another source of income quickly if they had to. 2. their income is unpredictable. 3. they have multiple sources of income. 4. their expenses are small and discretionary. 5. the job market in their field is very competitive. 6. they have large non-discretionary expenses.

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false

Acompany's sales in year 1 were $300,000, year 2 were $351,000, and year 3 were $400,000. using year 2 as a base year, the sales percent for year 3 is

Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition