On december 31, 2018, coolwear inc. had balances in accounts receivable and allowance for uncollectible accounts of $48,400 and $940, respectively. during 2019, coolwear wrote off $820 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $1,140 at december 31, 2019. bad debt expense for 2019 would be: a. $320b. $1,140c. $820d. $1,020

Suppose that two countries, britain and the u.s. produce just one good - beef. suppose that the price of beef in the u.s. is $2.80 per pound, and in britain it is £3.70 per pound. according to ppp theory, what should the $/£ spot exchange rate be? suppose the price of beef is expected to rise to $3.10 in the u.s. and to £4.65 in britain. what should be the one year forward $/£ exchange rate?