"Charles Dow was the original editor of the Wall Street Journal. He was the originator of ""Dow Theory,"" which holds that the prices of transportation stocks, such as Heartland Express, can predict changes in the price of industrial stocks, such as ExxonMobil. a. An article in the Wall Street Journal refers to Dow Theory as the ""granddaddy of technical analysis."""b. Would an investor be able to earn an aboveaverage return on her stock investments by selling industrial stocks whenever she saw declines in transportation stocks and buying industrial stocks whenever she saw increases in transportation stocks? Briefly explain.

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.)