Afew years back, your three u. s. born friends that live in the state of wyoming inherited a dude ranch that they plan to turn into a retirement haven for race horses. peaceful pastures wants to open its doors by spring of 2018. after attending several small business seminars, the three friends are certain they need limited liability. the high-risk, labor-intensive business will require a sizeable investment including an air-conditioned barn, several fenced-in pastures and loads of animal feed. you recently heard that one form of business ownership requires owners to pay self-employment taxes on the entire amount of earnings. you are fairly certain this is one tax liability your friends would like to avoid. you recommend:

Sodas in a can are supposed to contain an average of 12 ounces. this particular brand has a standard deviation of 0.1 ounces, with an average of 12.1 ounces. if the can's contents follow a normal distribution, what is the probability that the mean contents of a six pack are less than 12 ounces?

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?

According to the video, the gross national product had declined from $104 billion in 1929 to about in 1933.