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kvv77 [185]
3 years ago
12

Product warranties are an expense of the period in which the product is sold

Business
1 answer:
Lelechka [254]3 years ago
4 0

Answer:

The statement is false. The correct option is B.

Explanation:

The statement is false because the product warranties are those warranties which are provided at the time of sale of the product but they are not expensed in the account in the period when the product is sold as these warranties are claimed by the customer when they face any defect in the product so it is uncertain in which year this will happen. So, they will be expensed when the customer will claim the product warranty.

Therefore, the correct option is B.

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Cold Ice has a profit margin of 8.3 percent and a payout ratio of 42 percent. The firm has annual sales of $386,400, current lia
erastova [34]

Answer:

The internal growth rate is 4.36%

Explanation:

net income = 8.3%*386,400

                   = $32,071.20

net working capital = current assets – current liabilities

current assets – 37200 = 16700

                                        = $53,900

total assets = current assets + net fixed assets

                   = 53,900 + 391,500    

                   = 445,400

Then:

ROA = 53,900/445400

        = 0.072005

b = 1 - 48% = 0.52

internal growth rate = 0.072005*0.52/1 - (0.072005*0.52)

                                 = 0.041763/0.958237

                                 = 4.36%

Therefore, The internal growth rate is 4.36%

7 0
3 years ago
Financial management cannot be related to other functional areas of management such as marketing.
frez [133]
This is false again this can be classified as anything
5 0
3 years ago
Health insurance Plan A requires the insured to pay $1000 or 50% of total cost, whichever is lower. Plan B requires the insured
kirill [66]

Answer:

C. $3,800

Explanation:

The computation of the cost level for both insurance policy is shown below:

We choose $1,000 or 50% which ever is lower

We take the help of the given options

a. For the first option

The 50% is 300 which is less than the 1,000 now we take 80% of ($600 - $300) that comes $240

b. For the second option

The 50% is 500 which is less than 500 now we take 80% of ($1,000 - $300) that comes $560

c. For the third optiion

The 50% of $3,800 i.e $1,900 and $1,000 whichever is less i.e ($3,800 - $1,000) = $2,800 so it is $1,000 now we take the 80% of ($3,800 - $300) i.e $2,800

Thus the amount comes same

Thus this is the right option

5 0
3 years ago
a product’s is the collection of attributes that affect how easily that product can be packaged and delivered.
Tom [10]

Out of the choices provided above, it can be said that the shipping profile of a product is the collection of attributes that affect how easily that product can be packaged and delivered. Therefore, the option B holds true.

<h3>What is the significance of a shipping profile?</h3>

The shipping profile of a product can be referred to or considered as the  characteristics that determines the time that a product takes to reach to the consumer who brought such product. It is dependent upon the time taken in packaging as well as transportation.

Therefore, the option B holds true and states regarding the significance of a shipping profile.

Learn more about a shipping profile here:

brainly.com/question/11449177

#SPJ4

The missing choices to the incomplete question have been added below for better reference.

A. Outsourcing

B. Shipping

C. Manufacturing

D, None of these

5 0
1 year ago
3. How would your answer in part 2 change if the percentage of completion in ending inventory were as follows: materials 30%, co
dalvyx [7]

Answer and Explanation:

The computation is shown below:

<u>Particulars    direct   %                Equivalent Conversion %          Equivalent</u>

<u>                    material  completion units                              Completion   Units</u>

Beginning

WIP            1,020         100%         1,020      1,020         100%         1,020

Units

started       3,700       100%          3,700       3,700       100%          3,700

(7,200 - 3,500)

Ending

WIP           3,500        30%          1,050       3,500         40%           1,400

<u>Equivalent</u>

<u>units                                             5,770                                            6,120</u>

5 0
3 years ago
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