Chem-Co, Inc. and Plastiques, Inc. are the only local companies that make and distribute a particular chemical. Chem-Co manufactures 70% and Plastiques manufactures 30% of the particular chemical. That chemical is found in the water supply in the city where both factories are located. If that jurisdiction recognizes the theory of market-share liability, liability may be imposed

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

According to the video, the gross national product had declined from $104 billion in 1929 to about in 1933.