Use the Following Information for Questions:
Armada Inc Armada Estimates Bad Debt Expense Based on 2% of Net

question 24

Multiple Choice

Use the following information for questions:
Armada Inc.'s books revealed the following data for 2011 after all adjustments were made: $\begin{array}{lr}\text { Cash sales } & \$ 825,000 \\\text { Sales returns (on credit sales) } & 35,000 \\\text { Allowance for doubtful accounts (credit balance) } & 3,800 \\\text { Credit sales } & 575,000 \\\text { Accounts receivable } & 168,000\end{array}$ Armada estimates bad debt expense based on 2% of net credit sales.
-The bad debt expense for 2011 was:

• A)$10,800
• B)$11,500
• C)$14,600
• D)$3,360

---

Definitions:

Glial Cells

Non-neuronal cells in the central and peripheral nervous systems that support and protect neurons.

Electroencephalograph

An electroencephalograph is a medical instrument used to measure and record the electrical activity in the brain, aiding in the diagnosis of neurological conditions.

Brain Waves

Patterns of electrical activity in the brain, characterized by different frequencies that are associated with various states of brain function or consciousness.

Karvonen Technique

A method to calculate the target heart rate for physical exercise based on the individual's resting heart rate and maximum heart rate.