Is there a limit to the debt ratio's value? (select the best choice below.) a. theoretically, the debt ratio cannot exceed 90 %. in practice, few creditors would extend loans to companies with exceedingly high debt ratios (greater than 70 %). b. theoretically, the debt ratio cannot exceed 70 %. in practice, few creditors would extend loans to companies with exceedingly high debt ratios (greater than 70 %). c. theoretically, the debt ratio cannot exceed 80 %. in practice, few creditors would extend loans to companies with exceedingly high debt ratios (greater than 70 %). d. theoretically, the debt ratio cannot exceed 100 %. in practice, few creditors would extend loans to companies with exceedingly high debt ratios (greater than 70 %)?

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?