WDM stands for:

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

Adding more marketing channels increases the channel cost of selling

Indicate whether the statement is true or false