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Alona [7]
3 years ago
15

Cupola Awning Corporation introduced a new line of commercial awnings in 2018 that carry a two-year warranty against manufacture

r’s defects. Based on their experience with previous product introductions, warranty costs are expected to approximate 3% of sales. Sales and actual warranty expenditures for the first year of selling the product were: Sales Actual Warranty Expenditures $5,000,000 $37,500 Required: 1. Does this situation represent a loss contingency? 2. Prepare journal entries that summarize sales of the awnings (assume all credit sales) and any aspects of the warranty that should be recorded during 2018. 3. What amount should Cupola report as a liability at December 31, 2018?
Business
1 answer:
pishuonlain [190]3 years ago
8 0

Answer:

lol nobody can help

Explanation:

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James has been in his management position for many years and is comfortable there. Recently, the CEO has been applying pressure
Vinil7 [7]

1. The <u>most appropriate </u><u>response</u> from James would be to <em>show that he has learned a lot during Randal's stay.</em>

 

James should not remain in his comfort zone because it is not an advantageous option.  James must demonstrate that he is able and willing to become computer literate by a change of attitude.

 

2. The <u>most ineffective </u><u>response</u> from James would be for him to show anger at Randal. Instead of this, he should approach Randal with an open mind, <em>ready to learn.</em>

 

Thus, Randal may take James' job if James does not rethink his strategy and push his unit to embrace the technological advancement recommended by Randal.

Learn more: brainly.com/question/20851760

4 0
3 years ago
Objecting to an action on the grounds that once it's taken, it will lead to similar but less desirable actions until some atroci
Basile [38]

Answer:

Option B is correct one.

<u>Slippery Slope</u>

Explanation:

A slippery slope argument, in logic, critical thinking, political rhetoric, and case-law, is often viewed as a logical fallacy in which a party asserts that a relatively small first step leads to a chain of related events culminating in some significant effect. Objecting an action using the argument that once it has been taken, it will lead to similar but less desirable actions.

7 0
4 years ago
A _____ typically provides information so that an organization can make a decision about a product, procedure, or policy.
saw5 [17]

Answer:

A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.

7 0
2 years ago
Expedition Outfitters manufactures a variety of specialty clothing for hiking, skiing, and mountain climbing. Its management dec
SIZIF [17.4K]

Answer:

Do  a pilot study

Explanation:

In order for the management to be assured that the product works, a pilot study needs to be done. This involves the sampling out of the small number of the useful product. In doing so, they can monitor the sales and see how they do on the market. From the market study, they can then increase the production of the material to the target potential customer. This makes the business to be powerful and realize profits an minimize losses.

7 0
3 years ago
Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $550,000. In addition to the purchase price, FVI makes the followi
maw [93]

Answer:

Land 594,500

Explanation:

We must include all cost necessary to acquire the land and lelave it ready to use.

But, the demolition cost are associate with the old warehouse thus, as thsis asset is being destroyed It will be considered period cost, It will not be capitalized through land.

Acquisition cost    550,000

broker commission 35,000

title insurance            2,500

closing cost       <u>         7,000   </u>

Total cost               594,500

8 0
4 years ago
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