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1 year ago

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

2 answers:

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:

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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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Assume you sell short 100 shares of common stock at $50 per share, with an initial margin at 50%. The stock paid no dividends du

son4ous [18]

Answer:

40%

Explanation:

Initial amount invested = $50 × 100 × 50% = $2,500

Profit from sale and repurchase = ($50 - $40) × 100 = $1,000

Rate of return = $1,000 ÷ $2,500 = 0.40, or 40%.

Therefor, the rate of return would be 40%.

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3 years ago

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vova2212 [387]

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2 years ago

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sattari [20]

Answer:

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3 years ago

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On January 1, 2016, the Accounts Receivable balance was $28,100 and the balance in the Allowance for Doubtful Accounts was $3,20

g100num [7]

Answer:

Net Accounts receivable = $24900

so correct option is c) $24,900

Explanation:

given data

Accounts Receivable balance = $28,100

Doubtful Accounts = $3,200

uncollectible account = $940

to find out

net realizable value of accounts receivable immediately

solution

we get here first Accounts receivable that is

Accounts receivable = Accounts Receivable balance - uncollectible account ...............1

Accounts receivable = $28,100 - $940

Accounts receivable = $27160

and

allowance will be here

allowance = Doubtful Accounts - uncollectible account .................2

allowance = $3,200 - $940

allowance = $2260

so Net Accounts receivable is

Net Accounts receivable = $27160 - $2260

Net Accounts receivable = $24900

so correct option is c) $24,900

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3 years ago

In 2009 tariffs were imposed on Chinese tires. The result of this tariff was a drop in imports of these tires from $13 million t

Doss [256]

Answer:

The winners were tire exporters from nations other than China, since the price of tires from these nations rose from $53.94 to $62.02, and this rise was not due to tariffs.

The losers were Chinese tire exporters, because while the price of Chinese tires also rose, it was because of the tariff, which is not income received by the exportes. Besides, the volume of imports from China also fell.

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3 years ago