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Mashcka [7]
3 years ago
13

During 2012 Eaton Co. Introduced a new product carrying a two year warranty against defects. The estimated warranty costs relate

d to dollar sales are 2% within 12 months following sale and 3% in the second 12 months following sale. Sales and actual warranty expenditures for the years ended December 31, 2012 and 2013 are as follows: - - total sales - $1,800,000- actual Warranty Expenditures - $47,000At December 31, 2013, Eaton should report and estimated warranty liability of...
Business
1 answer:
alina1380 [7]3 years ago
4 0

Answer:

$43,000

Explanation:

The computation of the estimated warranty liability is shown below:

= Total sales × total sales percentage given - actual Warranty Expenditures

= $1,800,000 × 5% - $47,000

= $90,000 - $47,000

= $43,000

The total sales percentage given is shown below:

= Within 12 months following sale percentage + second 12 months following sale percentage

= 2% + 3%

= 5%

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What is the term for the idea that some goods will be overused and depleted if not regulated?
Solnce55 [7]
I think what you mean is exhausted?
8 0
3 years ago
An independent movie producer with a modest but loyal fan base is short of funds for her next movie. Knowing that a bank loan is
Tresset [83]

Answer:

Crowd funding is a strategy to raise small money from a large number of people. This is mainly suitable when large funding is required for a project.

Explanation:

The filmmaker is planning to make a short web series which will be available online for the viewers. The producers might hesitate to finance such small short movie as they will be unsure whether the movie will be able to make money. There can be crowd funding option considered for raising finance for the movie. These small creators and new filmmakers should be supported as they can have better ideas than the rich filmmakers. Crowd funding will be able to raise money and people will pay for the content they want to watch. The movie will create curiosity in the audience before its release and there are high chances that this small content can be a big hit.

3 0
3 years ago
On June 10, 2020, Ebon, Inc. acquired an office building as a result of a like-kind exchange. Ebon had given up a factory buildi
lakkis [162]

Answer:D. The holding period of the office building includes the holding period of the factory building

Explanation:

The holding period simply refers to the period of time that a particular investment is being held by an investor.

The holding period csn.also be referred to as the period between when a security is purchased and when it is sold.

With regards to the question, the holding period of the office building includes the holding period of the factory building. Therefore, the correct option is D.

4 0
3 years ago
For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second
soldier1979 [14.2K]

Answer: Railways - the first industrial revolution, the Internet - the second, the technological - the oboe, the steam engine - the beginning, the telegraph - the first, the Feedback loops - second, The flying shuttle the first, The possibility of traveling from coast to coast in the US in under a wee - the first.

Explanation:

  • The Industrial Revolution brought about textural changes in people's lives, in everyday life, in the economy, in production. It went through several stages and always brought with it certain technological advances that made life easier for people. We link railways and the development of rail transport to the first industrial revolution. With steam technology, the first trains were launched and later this technology spread to the whole world. The emergence of the Internet is tied to the second half of the 20th century. It is a technology that has completely transformed the world, and without which life, today is almost impossible. When it comes to the technological revolution, it is still happening today. In this context, we bind it to both stages of the revolution. The advent of steamboats has been part of the technological revolution since the beginning of the 19th century, just like the advent of the Internet in the second half of the 20th century. The steam engine is part of the first technological revolution. Thanks to James Watts, transportation of people and goods was much faster and easier. The telegraph is part of the first technological revolution. The development of electricity has formed the basis for the electric telegraph. In 1832 Samuel Morse succeeded in developing the first stable and straightforward electrical messaging system, and in the following year received a patent for the invention.
  • The first real electric telegraph connected London and Birmingham and was built in 1838. The first operational amplifier to match its name was created by electronic tubing and built-in Bell's laboratories, United States, during 1941. This is a technology that we connect to backlinks and is part of another technological revolution. The invention of hydrogen, invented by the English physicist Henry Cavendish in 1767, solved the question of balloon filling. After many attempts by French physicist Jacques Charles, using a new invention to dissolve the rubber, he constructed a 380 m3 balloon with a bulletproof, hydrogen-filled shell that had a gas vent. The first steamboat to make a profit on sailing was built in 1807 (and patented in 1809) by the American Robert Fulton. However, the new boats were built even before the end of the 18th century.
4 0
3 years ago
A firm has current assets that could be sold for their book value of $22 million. The book value of its fixed assets is $60 mill
love history [14]

Answer:

the firm market to book ratio is 1.48

Explanation:

The computation of the market to book ratio is shown below:

The Market values is

= $22 million + $90 million - $50 million

= $ 62 million

And, the Book values is

= $22 million + $60 million - $40 million

= $42 million

Now the firm market to book ratio is

= $62 million ÷ $42 million

= 1.48

Hence, the firm market to book ratio is 1.48

6 0
3 years ago
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