Induced taxes and needs$-$tested spending $$

the multipler effects of changes in autonomous expenditure.

A$.$ increase

B$.$ do not influence

C$.$ decrease

D$.$ sometimes increase and sometimes decrease

Do the Math $(35$ points$)$

Use the data below to calculate bad debt using your method:

Total Credit Sales: $$500,000$

Accounts Receivable: $$120,000$

Aging Schedule:

Current: $$60,0002\%$

$31-60$ Days: $$40,0005\%$

Over $60$ Days: $$20,00012\%$

Do the Math $(35$ points$)$

Use the data below to calculate bad debt using your method:

Total Credit Sales: $$500,000$

Accounts Receivable: $$120,000$

Aging Schedule:

Current: $$60,0002\%$

$31-60$ Days: $$40,0005\%$

Over $60$ Days: $$20,00012\%$