Under the allowance method of accounting for uncollectible accounts, bad debt expense is debited when a specific account is written off as uncollectible. allowance for doubtful accounts is closed each year to income summary. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off. the cash realizable value of accounts receivable is greater before an account is written off than after it is written off.

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: