Answer:
warranty expense 2,622 debit
warrant liability 2,622 credit
Explanation:
it will declare a warranty liability equal to the expected cost of the warrant. This is done to match the expenses with the time they occur.
Because, the warrants will be claimed in the subsequent years or the sales made this period.
warrant liability/expense: 43,700 x 6% = 2,622
Answer:
284%
Explanation:
You calculate it using the conversion method
The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.
<h3>What is Mortgage?</h3>
Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.
When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.
Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.
The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.
Learn more about Adjustable-Rate Mortgages here:
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Answer: Differentiation strategy
Explanation: This refers to a strategy that a company uses to create a unique good or service that will separate consumers from the products or services provided by rivals better than or in another way.
Strategy for differentiation is a way of distinguishing a company from the opposition.This strategy is implemented by making innovations through research and development and helps an organisation to prepare a strong customer base fro the future.
Thus, from the above we can conclude that the given case depicts differentiation strategy.
3 (times) X = a number + 5
Since you don't know the product, it's impossible to come up with something that's not an equation. However, the problem is basically telling you that the problem, 3 times X, increased by (added) 5 to the product.
