Solve the Exponential Equation for

question 138

Multiple Choice

Solve the exponential equation for . Round to the nearest thousandth.

• A) 1.946
• B) 2.189
• C) 12.772
• D) -0.043
• E) -23.133

---

Definitions:

Accounts Receivable

The total owed by customers for goods or services they've received from a company yet haven't paid for.

Bad Debts

Accounts receivable that a company does not expect to collect and writes off as a loss in its financial statements.

Balance Sheet Approach

A method for evaluating foreign subsidiaries in which assets and liabilities are translated at the current exchange rate, whereas equity accounts are translated at the historical exchange rates.

Allowance for Doubtful Accounts

An accounting provision made for potential future bad debts that might arise from credit sales being unpaid.