Pricing strategies usually remain the same as a product passes through its life cycle

On April 30, Holden Company had an Accounts Receivable balance of $18,000. During the month of May, total credits to Accounts Receivable were $52,000 from customer payments. The May 31 Accounts Receivable balance was $13,000. What was the amount of credit sales during May?

a. $ 5,000. b. $47,000. c. $52,000. d. $57,000. e. $32,000.

Arguments in favor of reforming the civil justice system include which of the following? I. There is often a long delay in settling lawsuits. II. Compensation awards have decreased significantly over the past two decades

A) I only B) II only C) both I and II D) neither I nor II