On january 1, five star services has the following balances: accounts receivable $24,000 (debit) bad debts expense $0 five star services has the following transactions during january: credit sales of $120,000, collections of credit sales of $86,000, and write-offs of $20,000. five star services uses the direct write-off method. at the end of january, the balance of accounts receivable is

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve