The following information is related to december 31, 2013 balances.• accounts receivable $700,000• allowance for doubtful accounts (credit) (60,000)• cash realizable value 640,000during 2014 sales on account were $195,000 and collections on account were $115,000. also, during 2014 the company wrote off $11,000 in uncollectible accounts. an analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $72,000. the change in the cash realizable value from the balance at 12/31/13 to 12/31/14 was

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Why is investing in a mutual fund less risky than investing in a particular company’s stock?

Leading guitar string producer wound up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. one of wound up's competitors, however, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. wound up's competitive advantage is in danger due to a. a lack of perceived value b. a lack of organization c. direct imitation and substitution d. resource immobility