A year-end review of Accounts Receivable and estimated uncol…

A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following:      $ 900,000 1-30 days      2%      $ 450,000 31-60 days      3%      $ 145,000 61-90 days    12%      $   80,000 Over 90 days    40% The pre-adjusted balance in Allowance for Uncollectible Accounts was $62,000. Under aging-of-receivables method, the adjustment to record uncollectible accounts expense for the period will include:

During 2021, Scrunchy LTD had gross sales totaling $1,000,00…

During 2021, Scrunchy LTD had gross sales totaling $1,000,000 all sold on credit. Sales returns were $80,000. Subsequent to the returns, customers paid the receivables taking the available sales discounts of 2%. Uncollectible Accounts expense of $5,000 was also recorded during the period. Scrunchy does not routinely have products returned by customers and therefore does not use a Refunds Payable accounts. What is the total dollar amount of net sales reported on the Income Statement for 2021?  

Sally smoked for 15 years but started having extreme fatigue…

Sally smoked for 15 years but started having extreme fatigue climbing stairs and complained of being out of breath all the time.  She was referred to a cardiologist.  Her resting heart rate was far above average and upon a stress test (exercise with cardiac monitoring) her blood pressure increased and did not return to normal in the time frame normal for her age group. She realized that she was at risk for having a heart attack, so she quit.  When Sally returned to the doctor her heart rate and blood pressure reading were much improved. Based on what you know about the autonomic nervous system and nicotine, which statement best explains why Sally’s heart rate and blood pressure were increased and why her cardiovascular system improved after quitting smoking?