The net amount reported for short-term receivables is not affected when a specific account receivable is determined to be uncollectible.

Compute the state unemployment tax due for Tien Le whose accumulated gross earnings are $6,500 . Assume a tax rate of 7% up to and including $9,000

a. $295 b. $0 c. $545 d. $455

Joseph Patrik will deposit enough money today so that his account will contain $30,00 . in 15 years. The account will pay interest at 12% compounded semiannually. Compute the interest (in dollars) that Patrik will earn during the 15 years. (Use Tables 16-1A&B or 16-2A&B or a calculator.)