During an economic downturn, the potential value and profitability of some target consumers may change

Charles company used the percent of sales method to determine its bad debts exp ense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts Receivable $245,000 debit Allowance for doubtful Accounts $300 credit Net Credit Sales $900,000 Based on past experience, the company estimates 0.5% of credit sales to be uncollectible. What amount would be reported in the Balance Sheet under Accounts Receivable, net of doubtful accounts?

A) $245,000 B) $244,700 C) $240,200 D) $240,500 E) $240,800

An insurance company assesses all employees' current job skills and creates road maps for them outlining the competencies they need to advance within the company

The company then makes sure they get the training they need, including coaching and mentoring, classroom training. This is an example of ________. A) making a career development plan B) succession management C) restructuring D) ethical assessment