EZ Wheels Corporation manufactures kick scooters. The company offers a one-year warranty on all scooters. During 2017, the company recorded net sales of $5,300 million. Historically, about 3% of all sales are returned under warranty and the cost of repairing and or replacing goods under warranty is about 20% of retail value. Assume that at the start of the year EZ Wheels' balance sheet included an accrued warranty liability of $16.3 million and at the end of the year, the accrued warranty liability balance was $12.4 million. What was EZ Wheels Corporation's warranty expense for 2017

EZ Wheels Corporation's warranty expense for 2017 is $31.80 million.

Explanation:

EZ Wheels Corporation's warranty expense for 2017 can be calculated using the following formula:

Warranty expense for 2017 = Net sale for 2017 * Percentage sales returned under warranty * Percentage of retail value for cost of repairing and or replacing goods under warranty (1)

Where:

Net sale for 2017 = $5,300 million

Percentage sales returned under warranty = 3%

Percentage of retail value for cost of repairing and or replacing goods under warranty = 20%

Substituting the values into equation (1), we have:

Warranty expense for 2017 = $5,300 million * 3% * 20% = $31.80 million

Therefore, EZ Wheels Corporation's warranty expense for 2017 is $31.80 million.

$51.6 Million

Explanation:

Warranty expenses =5,300*3%*30% = 47.7 Million

Beginning Waranty Liability              $16.3 Million

Add: Warranty expenses                   $47.7 Million

                                                            $64 Million

Less: Ending Warranty liability           $12.4 Million

Amount paid on Warranty expenses $51.6 Million

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

the answer is b for dog