A firm should consider vertical integration when a. customer needs are evolving. b. the suppliers of the firm willingly cooperate with the firm. c. the competitive situation is highly volatile. d. the suppliers of raw materials to the firm are unable to maintain quality standards.

Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.

Juniper company, inc. uses a perpetual inventory system. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 16, it paid the full amount due. the correct journal entry to record the payment on august 16 is:

How does bad debt expense is reported on the income statement?