Homework 7 and E 1) A compary has $60,000 in eash, $75,000 in short-tecm investments, $140,000 in net eurront robeivables, and $145,000 in inventory. The total curront labities of the firms are $395,000 The acd-ieut rate of the ceneany is 2) It the allowance method of acebunting for doubthul recewables is used; what account a credited in the entry to wribe of a custoiner's acceunt as uncolioctole