Arecent annual report for cvs contained the following information (dollars in thousands) at the end of its fiscal year: year 2 year 1 accounts receivable $ 13,488,000 $ 12,450,000 allowance for doubtful accounts (307,000 ) (286,000 ) $ 13,181,000 $ 12,164,000 a footnote to the financial statements disclosed that uncollectible accounts amounting to $156,000 and $96,000 were written off as bad debts during year 2 and year 1, respectively. assume that the tax rate for cvs was 21 percent. required: 1. determine the bad debt expense for year 2 based on the preceding facts. (hint: use the allowance for doubtful accounts t-account to solve for the missing value.) (enter your answers in thousands not in dollars.) 2. working capital is defined as current assets minus current liabilities. would the working capital be affected by the write-off of an uncollectible account

A) plot the m1 and m2 money stock in the us from 1990-2015. (hint: you may use the data tools provided by fred.) (b) plot the nominal interest rate from 1960 to 2014. (hint: you can either use the daily interest rates for selected u.s. treasury, private money market and capital market instruments from or the effective federal funds rate fromfred.) (c) the consumer price index (cpi) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. intuitively, the cpi represents the cost of living or the average price level. plot the cpi from 1960 to 2013.(d) the inflation rate is the yearly percentage change in the average price level. in practice, we usually use the percentage change in the cpi to compute the inflation rate. plot the inflation rate from 1960 to 2013.(e) explain the difference between the ex-ante and ex-post real interest rate. use the fisher equation to compute the ex-post real interest rate. plot the nominal interest rate and the ex-post real interest rate from 1960 to 2013 in the same graph.