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Ierofanga [76]
3 years ago
8

Karen bought a mixer. She received a warranty that covers only certain aspects of the product. If the product fails, she may be

required to pay part of the costs for shipping or repairs. Which of the following warranties does she have
A. "As-is" warranty
B. Express warranty
C. Full warranty
D. Implied warranty
E. Limited warranty
Business
2 answers:
Alekssandra [29.7K]3 years ago
8 0
E. Limited warranty she can only get certain things so it is limited
pshichka [43]3 years ago
4 0

Answer:

E. Limited warranty

Explanation:

Limited warranty -

It refers to the warranty only on certain specific parts or defects only , is referred to as limited warranty .

This warranty does not include all the features of the goods and services provided to the consumers .

The consumer need to pay from their pocket for any other defect or issue in the goods and services .

Hence , from the given scenario of the question ,

The correct answer is limited warranty .

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Jones Company bought Wood Company in 2020 and appropriately recorded $750,000 of goodwill related to the purchase. On December 3
Alex

Answer: $0

Explanation:

Wood company's value is carried in Jones company books as $5,100,000 which is less than the fair value of $6,000,000. There is therefore no goodwill because the fair value is larger than the carrying value and goodwill only exists if the reverse is the case.

If there is no goodwill, there can be no goodwill impairment so goodwill impairment recognized in 2021 is $0.

7 0
3 years ago
Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Year 2
swat32

Answer: 3.39

Explanation: Current ratio can be defined as a liquidity ratio which is used by the accountants the evaluate the ability of the company to pay its short term obligations. It can be computed as follows :-

current\ ratio=\frac{curret\ assets}{current\ liabilities}

where,

current assets = $38,500 + $100,000 + $90,500 + $126,000 + $13,100 = $368,100

current liabilities = $108,400

now putting the values into equation we get :-

current\ ratio=\frac{368,100}{108,400}

                             = 3.39

8 0
4 years ago
Assume that Wal-Mart Stores, Inc. has decided to surface and maintain for 10 years a vacant lot next to one of its stores to ser
Kryger [21]

Answer:

Bid A should be accepted

Explanation:

Bid A:

initial investment = $5.75 x 12,000 = -$69,000

cash flows years 1 - 4 = $0.25 x 12,000 = -$3,000

cash flow year 5 = -$69,000

cash flows years 6 - 9 = $0.25 x 12,000 = -$3,000

NPV using a 9% discount rate = -$129,881.21

Bid B:

initial investment = $10.50 x 12,000 = -$126,000

cash flows years 1 - 9 = $0.09 x 12,000 = -$1,080

NPV using a 9% discount rate = -$132,474.87

3 0
3 years ago
Business incubators provide assistance to established companies attempting to generate foreign sales.
svetlana [45]

Business incubators assist established companies attempting to generate foreign sales. This statement is false.

<h3>What is Business?</h3>
  • The practice of earning a living or generating revenue via the production, acquisition, and sale of items is known as business (such as goods and services).  
  • Additionally, it includes "any activity or enterprise undertaken for profit."
  • The owner of the business is responsible and liable for any obligations made by the business since the business entity is not legally distinguished from the owner by the use of a business name.
<h3>What do you mean by the company?</h3>
  • A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two.
  • Members of the company work together for a shared cause to accomplish clearly stated objectives.
  • Companies come in many shapes, including voluntary associations, such as nonprofit organizations, for-profit companies, banks, and programs, or educational institutions, whose goal is to make a profit.

Learn more about Business here:

brainly.com/question/15826771

#SPJ4

7 0
2 years ago
What is the simplest layout for a cover letter? I need one for a resume but I don`t know how to write one.
Delvig [45]

Answer:

This is a short and direct template I used to get my job, and it works pretty well.

Explanation:

5 0
3 years ago
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