Someone you share a mutual affection with is known as:

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

poizon [28]

Answer:

amount of warranty liability that should be reported at December 31, 2021 is $3,375

Explanation:

When the Sale was made, the Warrant Liability is recorded as follows:

Warranty Cost $5,625 (Debit)

Warranty Provision $5,625 (Credit)

Warranty Cost = 750 cell phones × $75 × 10% = $5,625

When Warranty Claims were received during the year the records are as follows :

Warranty Provision $2,250 (Debit)

Cash $2,250 (Debit)

Warranty Cost = 30 × $75 = $2,250

At December 31, 2021 the amount of warranty liability should be

Warranty Provision = $5,625 - $2,250 = $3,375

6 0

3 years ago

Nina is induced by her guardian Ollie to sign a contract to invest funds in Penny Stocks Inc. through Ollie’s investment firm. U

Lina20 [59]

Answer and Explanation:

Nina's guardian Ollie is putting an undue influence on Nine to sign a contract to invest funds in Penny Stocks Inc. In this way Ollie is getting benefit while exerting pressure on Nina. Nina has the option to cancel the contract on the basis of undue influence.

6 0

3 years ago

Select the best answer for the question.

BlackZzzverrR [31]

Answer:

hope it helps you ;)

Explanation:

Retail businesses can include grocery, drug, department and convenient stores. Service related businesses such as beauty salons and rental places are also considered retail businesses.

4 0

3 years ago

Beta LLC has decided to change its promotion and pay policies for technical people who do not wish to become managers. This will

daser333 [38]

According to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is recognizing the need for change.

<h3>What are the steps of the change process?</h3>

The change process involves the following steps:

Diagnosing the problem
Assessing the motivation or need and capacity for change
Assessing the resources and motivation of the change agent
Establishing change objectives and strategies
Determining the role of the change agent
Implementing the changes.

Thus, according to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is recognizing the need for change.

Learn more about the steps of the change process at brainly.com/question/5689601

3 0

2 years ago

You are the CFO of a major pharmaceutical firm. A division manager has presented senior management with an investment opportunit

DochEvi [55]

Answer: $2.1 million

Explanation:

It is mentioned the project is independent of the outcome of general market which means that

=> beta = 0

Using the CAPM formula which is,

r=rt + B* (rm -rf)

=> r = 3% + 0*(12%-3%) = 3%

Expected value of Project in one year = $1 billions * 0.1

Expected value of Project in one year = $100 millions

NPV = Expected value of Project in one year/ (1 + 0.03) - Initial cost

NPV = 100/ (1 + 0.03) - 95

NPV = 97.1 - 95

NPV = $2.1 million

4 0

3 years ago

Read 2 more answers