Answer:
Option D) Collision,uninsured motorist,comprehensive,and liability coverage.
Explanation:
A Collateral is Simply an item of value used to secure the principal portion of a loan. It is usually required when requesting for loan. It is anything of value that could be used to cover the value of the loan.
Cars has different types of insurance coverage. Some of which are:
1.Liability (required by law)
2.Collision (may be required by lender)
3.Uninsured/Underinsured (optional but recomended)
4.Comprehensive(may be required by lender)
The question is incomplete:
When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation. The use of ________ makes this possible.
A) POS systems
B) social shopping
C) e-commerce
D) e-menus
E) direct selling
Answer:
A) POS systems
Explanation:
-POS System refers to the equipment and software that retailers use in their stores to register the sales. This system has the information about the sales, the inventories and CRM.
-Social shopping is a method that is used for online shopping that tries to involve friends in the purchasing experience.
-E-commerce refers to purchasing and selling goods online.
-E-menus is a system used by restaurants that allows to order food through an electronic device.
-Direct selling refers to selling directly to consumers without using intermediaries.
According to this, the answer is that the use of POS systems makes this possible because these systems have the information from stores like sales and inventory that allows to analize people's buying habits.
Answer:
the warranty expense reported is $138,000
Explanation:
a. The computation of the warranty expense that should be reported in its current period income statement is shown below:
= Given percentage × units sold × repair average cost
= 2% × 69,000 units × $100 per units
= $138,000
Hence, the warranty expense reported is $138,000
Answer:
Balance Sheet
Explanation:
In accounting, Balance sheet will show a complete listing of assets, liabilities and Equity of a company within a specific time period. (For most companies, the balance sheet will be made at each end of the year)
under the Assets segment, Balance sheet will specify several accounts arranged based on their liquidity. Cash usually put at the top of the list since it's considered as the most liquid assets.
People use balance sheet to give a general measurement on Company's financial health. If for example, they noticed that the liability is significantly larger than their assets, investors might feel discourage to invest in the company.
