Answer:
$13,000
Explanation:
The computation of the december 31 liability for the warranty is shown below:
Given that
Warranty expense = 5% of sales
Warranty payable = $13,000
Paid amount = $5,000
Sales = $120,000
based on the above information
The warranty liability as on Dec 31 would be equivalent to the warranty payable i.e. $13,000
The same is to be considered
Answer:
by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.
Explanation:
Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.
A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures
Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.
Answer: <em>Internal consistency</em>
Explanation:
In discipline such as research and statistics, internal consistency is referred to as or known as typically or usually a measure that is based on correlations in between different variable and items particularly on a same test or maybe on sub-scale on the larger test. It tends to measure whether variables and items that measure same construct do produce the similar scores.
Answer:
one product strategy
Explanation:
Based on the information provided within the question it can be said that the best strategy in this situation would be a one product strategy. This is a business strategy in which the company focuses on a single flagship product and making it sell as much as possible before diversifying into other products. This prevents the company from being overwhelmed with various products and instead allows them to focus and one and grow the product as well as the company.
Answer:
$8,000
Explanation:
Data provided in the question:
Sales = $50,000
EBIT = $10,000
Depreciation = $4,000
Increase in Fixed assets = $2,000
Tax rate = 30%
Increase in net operating income = $1,000
Now,
PAT = EBIT - Tax
= 10,000 - (30% of EBIT)
= $10,000 - (30% of $10,000)
= $10,000 - $3,000
= $7,000
Operating cash flow = PAT + depreciation
= $7,000 + $4,000
= $11,000
Therefore,
Free cash flow
= Operating cash flow - Increase in Fixed asset - Net working capital
= $11,000 - $2,000 - 1,000
= $8,000
