Total doubtful accounts at the end of the year are estimated to be $30,000 based on an aging of accounts receivable. If the balance in the Allowance for Doubtful Accounts is a $10,000 debit before adjustment, what is current year's Bad Debt Expense? Multiple Choice $40000. $20000. $10,000 $30,000 A company lends its supplier $166,000 for 3 years at a 10 % annual interest rate. Interest payments are to be made twice a year The entry to record this lending transaction includes a debit to: Multiple Cholce Cash and a credit to Notes Payable for $166,000 Notes Recervable and a credit to Cash for $166,000 Interest Recevable and a credit to Interest Revenue for $8,300 Cash and a credit to Interest Revenue for $16,600 Odessa Co. has current assets of $11.48 million and net income of $11.6 milion. Current liabilities total $4.1 milion, interest expense is $3.6 million, and income tax expense is $4.6 million. What is the times interest earned ratio for this company? (Round your final answer to 2 decimal places.) Mutiple Choice 5.50 280 040 0.36. The company has net sales revenue of $4.2 million during 2018. The company's records also included the following information: 12/31/18 $3.1 million se.7 million Assets 12/31/17 Property, plant and equipment Licensing agreements $2.6 million s0.8 million $0.6 million 0.7 million Goodwill S0.6 million se.8 million Investments What is the company's fixed asset turnover ratio for 2018? Multiple Cholce 168 100 17.68 147 Your company has net sales revenue of $37 million during the year. At the beginning of the year, fixed assets are $9 million. At the end of the year, fixed assets are $11 million. What is the fixed asset tumover ratio? Multiple Choice 336 3.70 4.11 185