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aalyn [17]
2 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]2 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
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chapter 16 discusses evaluative criteria and chapter 18 discusses postpurchase cognitive dissonance. what are some things that a
Tems11 [23]

Amazon may have to make recommendations for the items that the consumer wants to purchase. They would also make suggestions as well.

The company can also ensure to keep the information and data of the shoppers safe on their website.

<h3>How Amazon can help the customers</h3>

Based on the item and comparable searches made by consumers looking for similar kinds of things, Amazon can offer a set of recommendations and ideas. It is possible to track drones that have been assigned to deliver products online.

Additionally, features like "try and buy" can be added, allowing the customer to return the item at their doorstep after giving it a try. The return process should follow a similar pattern to how quickly orders are delivered so that customers do not encounter any problems after making a purchase. Customers will undoubtedly feel more at ease about their shopping experience as a result, and any post-purchase issues will be diminished.

Read more on Amazon here: brainly.com/question/11776305

#SPJ1

8 0
1 year ago
16. When filing by subject, which of the following would be filed first? *
andriy [413]

Answer:

C. additional information

Explanation:

When you gather data, the most important thing that you need to fill first is the identity of the subjects.

In business, the data that companies take through questionnaires is made in order to read the market's trends or customers' general preference. In order for the data to be usable, the companies need to be able to differentiate subjects based on different characteristics (such as age, gender, income level, etc). All of this information is filled under the additional information box on every files.

4 0
3 years ago
Velco purchased a delivery truck at the beginning of Year 1 at a cost of $60,000. The truck is estimated to have a useful life t
Alenkinab [10]

Answer:

$10,000

Explanation:

Depreciation of an asset is the systematic allocation of estimated cost to an asset over time. It is added over the years to get the accumulated depreciation that is netted off the cost to get the net book value.

It is given as

Depreciation = (Cost - Salvage value)/Estimated useful life

Depreciation expense for Year 1 (the first year of the asset's life) under the straight-line method would be

= ( $60,000 - $10,000 ) / 5

= $50,000/5

= $10,000

5 0
2 years ago
Which one of the following parties can sell shares of ABC stock in the primary market?-ABC company-Any corporation, other than t
horsena [70]

Answer:

ABC company

Explanation:

Basically there are two markets i.e primary market and the secondary market.  

The primary market is the market in which the initial public offer is taking place that means the new security is first offered to the public by the company whereas, in the secondary market, the broker or investor is involved while offering the securities.  

In the given situation, the ABC company itself is involved while selling the shares of ABC stock in the primary market

4 0
3 years ago
What are consumer motives?
Marrrta [24]

Explanation:

The motivation for consumption comes from individual needs and desires, which may occur consciously and unconsciously. To meet their needs and wants, people identify and buy products and services that are compatible with their satisfaction.

There are several surveys and studies that seek to identify consumer behavior and explain how the purchasing decision process occurs. One of the most widespread theories in the world is Maslow's theory, which presented a hierarchy of needs that aims to identify a priority system of human needs satisfaction, divided into five parts, which are arranged in order of importance:

  1. physiological,
  2. safety,
  3. love,
  4. esteem and
  5. self-actualization

This theory is of great relevance to help marketers target their strategy according to the priority and need of individuals, including in their campaigns messages that send the consumer a sense of urgency for the product or service, directing marketing communication to the bottom of the hierarchy, which is the consumer's priority.

3 0
3 years ago
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