Plot the year-year percent change in the Consumer Prince Index and the Personal Consumption Expenditure Deflator. Which measure of the price level grows more quickly? Why? 2. Plot the year-year percent change in the Personal Consumption Expenditure Deflator, the same, but excluding food and energy and the "trimmed mean" PCE deflator? How do they differ in their construction and behavior (this may require you to Google a bit). 3. In "Fixed Investment" (roughly that’s investment that's not inventories) there are two broad catagories, structure and equipment.

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)