Roe's renovations utilizes the direct write-off method of accounting for uncollectible receivables. on september 15 the company is notified by the attorneys for jacob marley that jacob marley is bankrupt and no cash is expected in the liquidation. write off the $4,200 of accounts receivable due from jacob marley. if an amount box does not require an entry, leave it blank.

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.