What is an unsecured line of credit?
a.
a line of credit which does not require collateral.
b.
a line of credit with a variable interest rate.
c.
a line of credit offered by an institution other than a bank, such as a department store.
d.
a line of credit offered to an individual with no credit history.

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b.compensating differentials c. monopoly wages d. wages based on human capital development of each employee

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.)