Consider the following information:

Sales Revenue	$600,000
Ending inventory	60,000
Cost of Goods Sold	400,000
Beginning inventory	50,000

What is the number of days to sell?

		33.5 days
		36.5 days
		50.2 days
		54.8 days

Using the aging method of accounts receivable method, $5,000 of the companys Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is $100,000 and the unadjusted credit balance of the Allowance for Doubtful Accounts is $500. Credit sales during the year totaled $150,000. What is the current years Bad Debt Expense? ) $4,500

		$4,500
		$5,000
		$7,000
		$7,500