You Are Doing a Presentation with a Friend from Your

question 106

Essay

You are doing a presentation with a friend from your class titled, "Whitening: From Minority Status to Majority Status?" The friend is keen to focus on arguments concerning Latino and Asian Americans blending into the dominant white group, including via the growing percentage of interracial marriages involving whites and Latinos or Asian Americans. Explain to your friend that such arguments are debatable and frequently refuted by social science data. Be sure to include recent surveys cited in Chapter 8 that strongly suggest that substantial majorities of white Americans are not yet incorporating the major groups of color into a white, or even near-white, category.

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Definitions:

Bad Debt Expense

An estimated expense that represents the amount of receivables a company does not expect to collect due to customer defaults.

Allowance for Doubtful Accounts

A financial accounting provision representing the estimated amount of receivables that may not be collected.

Receivables

Amounts owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Accounts Receivable Turnover

A financial ratio that measures how effectively a company collects on its credit sales by dividing total credit sales by the average accounts receivable.