Wright company sells merchandise with a one-year warranty. in the current year, sales consisted of 2,000 units. it is estimated that warranty repairs will average $15 per unit sold and 30% of the repairs will be made in the current year and 70% in the next year. in the current year's income statement, wright should show warranty expense of?
Answers: 3
Business, 21.06.2019 19:30
The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?
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Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
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Business, 22.06.2019 09:00
According to this excerpt, a key part of our national security strategy is
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Business, 22.06.2019 10:00
Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.
Answers: 2
Wright company sells merchandise with a one-year warranty. in the current year, sales consisted of 2...
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