1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aalyn [17]
3 years ago
5

Talks-A-Lot, Inc. sells cell phones to customers and expects that 10% of phones sold will be returned for repair under its warra

nty program. The average repair cost is $71 per phone. For 2021, Talks-A-Lot has sold 550 cell phones and has repaired 11 of them as of December 31, 2021. What amount of warranty liability should be reported at December 31, 2021?
Business
1 answer:
Gnom [1K]3 years ago
6 0

Answer:

Product warrant liability to be reported as on 31.12.2021* is $3.124

<em>*The procedures are attached in a microsof excel document. </em>

Explanation:

This amount will be recognized as a liability only if product warranty amount can be rmeasured reliabily and there is probability that there will be an outflow of funds.

Download xlsx
You might be interested in
Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and
Kipish [7]

Correct question:

Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and control.

Group of answer choices

A. less efficient than

B. as efficient as

C. either more or less depending on the elasticity of demand

D. more efficient than

Answer:

Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

<h3>Correcting a market with taxation:</h3>
  • The government can discourage the consumption of harmful products by raising taxes on them.
  • Cigarette and alcohol taxes, for example, are raised on a regular basis to discourage their consumption and limit their adverse impacts on unconnected third parties.
<h3>Command and control strategies:</h3>
  • Command and control is a sort of environmental regulation that allows policymakers to expressly regulate both the amount and the procedure by which a company should maintain environmental quality.
  • Correcting marketing is more effective than correcting manufacturing through taxation.
<h3>Reason -</h3>

As it is stated above Correcting marketing is more effective than correcting manufacturing through taxation.

Therefore, Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

Know more about market correction here:

brainly.com/question/2626419

#SPJ4

7 0
2 years ago
A trading arrangement that eliminates most or all barriers to trade among participating nations and utilizes common barriers to
Katen [24]

Answer:

preferential trade agreement

Explanation:

This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.

4 0
3 years ago
the federal reserve wants to increase the money supply in the money supply in the united states. What is the federal reserve lik
Sergeeva-Olga [200]
It'll reduce discount rates. 
5 0
3 years ago
Read 2 more answers
A large multinational organization formed from mergers and acquisitions experienced a lot of disruptive behaviors at all levels.
scZoUnD [109]

Answer:

Option a                            

Explanation:

In simple words, consensus building refers to the process under which different individuals, who will get affected in some way or another from the decision being made, share the views and ideas and prepare a solution that makes maximum benefit and minimal loss to the all.

Such kind of behavior is needed in large organisations where the number of employees working is very high and different individuals have different goals for themselves. Thus, from the above we can conclude that the correct option is A.

3 0
3 years ago
Which VALS segment is most likely to have a top of the line brand new (2015) SurfaceTM Book--the Ultimate Laptop--from Microsoft
padilas [110]

Answer:

correct option is a. Innovators

Explanation:

solution

As here VALS some are as

  1. high resources : Innovators
  2. ideal : thinker and believer
  3. achievement : achiever and strivers
  4. self expression : experiences and maker
  5. low resources :  survivors

sop here Innovator segment is most likely feature in the VALS segment  to have a top of the line brand new Surface TM Book

so here correct option is a. Innovators

3 0
3 years ago
Other questions:
  • Brian visited a local restaurant twice and on both occasions he received a discount of 10 percent on his bill. Which factor led
    12·2 answers
  • Identify the accounts that would normally have balances in the credit column of a business's trial balance.
    8·1 answer
  • For each of the following independent situations, prepare journal entries to record the initial transaction on December 31 and t
    8·1 answer
  • A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If
    5·1 answer
  • One explanation for the increase in the price of theBaltimore newspaper is the increase in the cost of newsprint. This would cau
    5·1 answer
  • You have been offered a 10-year bond issued by Tiger Inc., at a price of $950.00. The bond has a coupon rate of 8% and pays the
    11·1 answer
  • HELP HELP 10 POINT FOR YOU ILL MAKE IT 20 HELP HELp
    14·2 answers
  • Three important forms of long-term (capital) expenditures are
    6·1 answer
  • When is the only time to abbreviate on a job application? Question 3 options: In the Personal Information section In the Positio
    14·1 answer
  • (Chapter Supplement) Under the gross method of recording sales discounts discussed in this chapter, is the amount of sales disco
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!