International trade is a "zero-sum" game in which one country benefits at the expense of another country. an "increasing-sum" game at which all players become winners. prone to both countries being worse off than had they not participated in international trade. none of the options

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.)