The popularity of entrepreneurship in the Unites States is in part the result of
a. corporate downsizing.
b. foreign competition and the lifting of tariffs.
c. inflationary pressures.
d. legislative limits of CEO compensation.
a
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At the beginning of 2017, Delicious Drinks, Inc has the following account balances
Accounts Receivable $44,000 (debit balance) Allowance for Bad Debts $6,000 (credit balance) Bad Debts Expense $0 During the year, credit sales amounted to $800,000. Cash collected on credit sales amounted to $760,000, and $18,000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 3.5%. The ending balance of Accounts Receivable is ________. A) $44,000 B) $66,000 C) $56,140 D) $18,000
________ is an example of a high-performance work practice
A) Increasing employee access to information B) Selective decruitment C) Skill-based compensation D) Detailed job descriptions