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larisa86 [58]
3 years ago
15

Me: Ryan needs help with Accounting as soon as possible. Ryan wrote:

Business
2 answers:
saul85 [17]3 years ago
6 0

Answer:

$54000 ( A )

Explanation:

number of unit sales = 3600

estimated warranty repairs average = $15 per unit

note : 40 percent of repairs will be made in year 1

           60 percent repairs will be made in year 2

Total warranty expense = ( 3600 * $15 ) = $54000

In the income statement for year 1 the whole warranty expense is recorded

this is because the total warranty expense is needed to balance the accounts as accounts deductible instead of adding the remaining 60 % to accounts receivable,

enot [183]3 years ago
3 0

Answer:

The answer will be below;

Explanation:

a.$54,000

(3,600*15)

The warranty expense is estimated and it is probable that an outflow of $54,000 will be incurred. Therefore in first year, the whole warranty expense is recorded for both the years. As per definition of provision; it is present obligation as a result of past event, outflow is probable and amount of outflow can  also be easily estimated.

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What type of business ownership is Microsoft?
patriot [66]

Answer:

Disadvantages of the Partnership

Today their company, Microsoft, is a major corporation, and Bill Gates and Paul Allen are two of the wealthiest people in the world. Microsoft is a partnership that turned into one of America's greatest success stories.

Explanation:

hope it helps.at pa brainless pwease..

5 0
3 years ago
A(n) ____ business is one that is primarily based in a single country but sells and buys some meaningful share of its resources
meriva

<u>Full question:</u>

A(n) ____ business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

a. international

b. domestic

c. multinational

d. intercontinental

e. global

<u>Answer:</u>

A(n) international business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

<u>Explanation:</u>

International business comprises all marketing exercises that utilize place to support the shift of goods, assistance, sources, characters, ideas, and technologies over national borders. The development and progress of trades, production, analysis, and development, and distribution amenities in foreign markets.

The international business describes all of the commercial activities, both governmental and private, that practice place among various countries. With more countries engaging in global business, the race has warmed up and in turn, sparked more attention in international goods.

4 0
3 years ago
_______________ is the primary source of financial vulnerability for people in late adulthood
mixer [17]
The primary source of financial vulnerability for people in late adulthood is their reliance on fixed income that they receive. Because of their reliance to their fixed income, financial vulnerability could only occur as they don't try to open more options and suggestions into having more financial income that could support their financial needs.
5 0
3 years ago
Assume rocky mountain railway is considering hiring a reservations agency to handle passenger reservations. The agency would cha
meriva
Alright, so we start out with $12000, and we'd add from there. Since we add 1$ for every passenger, our equation with p being the number of passengers would be 1*p (e.g. for 1 passenger we have 1*1=1, 2 passengers we have 1+1(2 times)=2). Substituting 50,000 for p, we have 1*50,000=50,000. Next, we have to add 12,000 to that (as that's a flat fee) to get 50000+12000=62000
6 0
4 years ago
Builder's Outlet just hired a new chief financial officer. To get a feel for the company, she wants to compare the firm's sales
Shkiper50 [21]

Answer:

The answer is: Income statement

Explanation:

As she wants to get information on sales and costs, the Income statement is the statement that she should looking for. With the Balance sheet statement, it only shows information on the financial position reporting the firm's assets, liabilities and owner's equity at a specific point in time rather than the sales and costs firgures during the reporting period.

Furthermore, she should opt for Income statement rather than the common-size income statement because the common-size income statement hardly illustrates any trend during the recent years/ reporting periods, instead, it is only shown each revenue and cost items as percentage of total sales in a specific period.

In the income statement, there should be enough information for the new CFO to find trends on revenues and costs (if any) because the revenue and cost items is detailed enough and at least it should be given the comparision between sales & costs of the reporting period versus the firgures of the previous reporting period.  

8 0
4 years ago
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