Answer:
Explanation:
Requirement 1
Warranty expense in 2015 = $9,000 x 6%
Warranty expense in 2015 = $540
Note: As mention above Hitzu expects warranty cost to be 6% of dollar sales
Requirement 2
Estimate warranty liability as of Dec 2015 = $540
Requirement 3
Warranty expense in 2016 = 0
Requirement 4
Estimated warrant liability as of Dec 2016 = $540 -$114
Estimated warrant liability as of Dec 2016 = $426
Note: As the repair costs 114 on the same day of repair.
Answer:
the maximum that shareholders can lose is their original investment in the firm's stock AND the claims of preferred shareholders are honored before those of the common shareholders.
Explanation:
Bankruptcy may be defined as the legal proceedings that involves a person or a business where the person or the business firm is not able to repay the debts that are outstanding. When a firm or a person files a bankruptcy, there is an automatic stay put by the court that blocks the debts.
In case of bankruptcy the different shareholders of the firm losses a maximum of their original investment that they have done in the firm while purchasing the stocks. And also the claims of the preferred shareholders are being honored first than those of common shareholders.
Answer:
C. One is assessed on the profit made from selling an asset; the
other is assessed on earnings from work or investments.
Explanation:
The capital gains tax occurs only if as a result of the sale of an asset there is a profit that is exceptional and differ from the primarily economic activity of the person that made the sell.
Answer:
John must invest $3719.4
Explanation:
It is given that John grandfather withdraws $120 per month for 3 year
So total month = 12 ×3 =36 months
Total amount withdrawn S = 36×120 = 4320
m = 12 times per year
Rate of interest i = 5 % = 0.05
We know that 
P = $3719.41
So john must invest $3719.4
<h2>Answer:</h2><h3>To me i think that the answer is e) ad analysis </h3><h2>Explanation:</h2><h3>she was going around and survey a sample group of people. Then she suggested to her company about they develop a customizable travel application.</h3>
