Which economic advantages does the United States have compared to other nations?a. Expansive territory, fertile farmlandb. Extensive oil reserves, inexpensive labor forcec. Inexpensive labor force, expansive territoryd. Large deposits of diamonds, fertile farmland

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)