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posledela
1 year ago
8

How much total estimated warranty expense does arctica report for the current year?

Business
2 answers:
Dominik [7]1 year ago
5 0

The percentage of estimated warranty expense is 4% of Lynx, 7% of Puma, and Jag estimated warranty expense percentage is 6%.

A company must record estimated warranty expense in the period of the sale. Thus, that expected cost is recorded as a liability on its balance sheet and as an expense on its income statement.

The warranty expense is an expense related to the repair, replacement, or compensation to a user if any product turns out to be a defective piece.

Hence, a vendor or manufacturer is committed to repair or replace a sold product during a certain time period if it breaks or does not function properly accordingly to the terms of the warranty.

To learn more about estimated warranty expense here:

brainly.com/question/14179463

#SPJ4

Sedaia [141]1 year ago
4 0

Answer:

its 13700.

I believe your supposed to multiply the sales by the percentage to get the answer

Explanation:

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Key practices in the partnering approach to managing contracted relationships include
Akimi4 [234]

Answer:

C, Access to each other's organizational resources.

Explanation:

Organizational resources are resources used by a firm in achieving its goal. These resources include human resources, financial resources, physical resources, etc.

When firms partner on contracts, the most important thing to ensure the success of the contract is allowing access to each other's organizational resources. This means that both firms are in cooperation with each other and have made their manpower, finances, equipment, etc available to each other.

Cheers.

4 0
3 years ago
A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor
Vesnalui [34]

Answer:

b. $10

Explanation:

The computation of the cost per shirt is shown below:

= (The cost of its factory, raw materials, and labor) ÷ (production level)

= $500,000 ÷ 50,000 shirts

= $10

Since we have to compute the cost per shirt before the increase in production level so we do not consider the increased production level and increase labor and raw material expense.

6 0
3 years ago
In economics, the demand for a good refers to the amount of the good that people:
yuradex [85]

Answer:

b. will buy at various prices.

Explanation:

In economics, demand refers to the quantity of a product that buyers are willing and able to buy at a specific price or different prices. For demand to exist, buyers must not only be willing to purchase but must have the financial resources to buy.

Several factors, such as price, customer preferences, and market news, may influence the demand for a product. As per the law of demand, an indirect relationship exists between price and quantity demanded. An increase in price leads to a decline in demand.  Changes in prices and preferences or related goods also affect the demand for a product.

8 0
3 years ago
The common stock of Buildwell Conservation & Construction Inc. (BCCI) has a beta of .9. The Treasury bill rate is 4%, and th
UkoKoshka [18]

Answer:

Cost of equity is 11.2%

WACC is 8.74%

Explanation:

The formula for cost of equity is given below:

Cost of equity=risk free rate+(Beta *risk premium)

risk free rate is the treasury bill rate of 4%

Beta is 0.9

market risk premium is 8%

cost of equity=4%+(0.9*8%)=11.2%

WACC=Ke*E/V+Kd*D/V*(1-t)

Ke is the cost of equity of 11.2%

Kd is the cost of debt of 5%

t is the tax rate of 40% or 0.4

E is the equity weighting of 70% or 0.7

D is the debt weighting of 30% or 0.3

V is the E+D=0.7+0.3=1

WACC=11.20% *0.7/1+(5%*0.3/1*(1-0.4)

WACC=7.84% +0.90% =8.74%

       

4 0
3 years ago
During the norming stage of team development, team members: try to establish a favorable role for themselves on the team. meet e
ExtremeBDS [4]
During the norming stage of team development, team members: begin to settle into their roles as team members.
6 0
3 years ago
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