Ace Co. prepared an aging of its accounts receivable at December 31, 2020 and determined that the amount expected to be collected was $900,000. Additional information is available as follows: Allowance for uncollectible accounts at 1/1/20—credit balance $102,000 Accounts written off as uncollectible during 2020 69,000 Accounts receivable at 12/31/20 975,000 Uncollectible accounts recovered during 2020 15,000 For the year ended December 31, 2020, Ace's bad debt expense would be:

a. $75,000.
b. $69,000.
c. $48,000.
d. $27,000.

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being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; descriptive statistics;