The more narrowly-defined a mutual fund's objective, the greater its risk, all other things considered

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

One criticism of linking pay to financial incentives is

A. Employees may become less interested in what they do and more interested in capturing the reward B. Many salespeople will make too much money C. Most salespeople are much more interested in quality of life and family-oriented non- monetary rewards D. Environmental conditions will overwhelm the effectiveness of financial rewards unless salespeople are paid poorly E. Personal characteristics make financial incentives sexist