Company began operations on january 1, 2015. during its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. these transactions are summarized as follows. 2015 sold $1,349,400 of merchandise (that had cost $977,400) on credit, terms n/30. wrote off $21,100 of uncollectible accounts receivable. received $666,700 cash in payment of accounts receivable. in adjusting the accounts on december 31, the company estimated that 2.30% of accounts receivable will be uncollectible. prepare journal entries to record liang’s 2009 and 2010 summarized transactions and its year-end adjustments to record bad debts expense. (round amount to the nearest dollar.)

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.