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At the end of the year Your Company's Accounts Receivable is $389,000 and the unadjusted balance in Allowance for doubtful accounts is $300. If bad

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At the end of the year Your Company's Accounts Receivable is $389,000 and the unadjusted balance in Allowance for doubtful accounts is $300. If bad debts are estimated to be 4% of receivables, what is the amount of bad debt expense recorded? $15,260 O $15,572 $12 O $300 Question 59 4.17 pts Mako Inc, had revenues of $57,000, expenses of $38,000, and paid dividends of $8,200 for the year. If the beginning balance in retained earnings was $100,000, calculate Mako Inc.'s ending balance in retained earnings. O $127,200 O $10,800 O $110,800 O $148,800 Below is income statement data for Nike, Inc: 12 Months Ended Nike, Inc. Consolidated Statements of Income ($ in Millions) May 31, 2019 May 31, 2018 Revenueset sales Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income), net Other (income) expense, net Income before income taxes $ 39,117 21.643 17,474 3,753 8,949 12,702 $ 36,397 20,441 15,956 3,577 7,934 11,511 54 49 66 Income tax expense (78) 4,801 772 $ 4,029 4,325 2.392 $ 1,933 Net Income Perform horizontal analysis on Revenues. Round answers to two decimal places. 0 7.47% O 5.88% O (6.95%) O 6.95%

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