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Fittoniya [83]
3 years ago
6

Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War

ranty expense is based on 4% of sales, which were $50 million for the year. What amount of warranty costs were paid during 2021?
a. $0.
b. $1,960,000.
c. $2,000,000.
d. $2,040,000.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
7 0

Answer:B

Explanation: :)

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Obviously, since you do not manage your neighbors, you won’t be using a __________ (a. functional team/b. cross-functional team/
gizmo_the_mogwai [7]

Answer:

Obviously, since you do not manage your neighbours, you won’t be using a <u>project team</u>. But since you want formal representation from your homeowner’s association, your local law enforcement agency, and the businesses on your street, you think that you might start with a <u>cross-functional team</u>. Whatever type of team you choose, you know that more diversity will bring you <u>more</u> ideas.

1. Project team belongs from various groups.

2. Cross- functional team has diversified experiences.

3. More people bring more ideas.

4 0
3 years ago
Michelle, an Italian fashion designer, sells her merchandise by exporting it to the United States, United Kingdom, and Brazil. A
Pepsi [2]

Answer:

The answer is C. international trade

Explanation:

International trade is the exchange of goods and services between countries.

7 0
3 years ago
Bob is working on a new report for the next quarterly meeting that he knows the CEO needs to determine next​ quarter's direction
Rzqust [24]

Answer:

information exchange

Explanation:

Information exchange refers to the action of passing information from one person to another. This can be done in person, using the phone, video calling or emails or other types of electronic messages.

In this case, Bob is anxious because Anna is not exchanging information with him promptly. Instead she is wasting both her and his time by chatting with other employees.

8 0
3 years ago
ane is planning to offer a Groupon for inner tube rentals that she will distribute on hot, sunny, summer days by the river that
sweet [91]

Probability assigned:|

x 30 60 120 180

P(x) .10 .40 .40 .10

Answer:

Jane

Price of Groupon for a revenue of $300 is:

$3

Explanation:

a) Data and Calculations:

Expected Sales volume:

Number of Tubes  x   30     60      120     180

Probability P(x)           .10     .40      .40      .10

Expected values          3      24       48       18

Total = 93 tubes

Groupon price = $300/93 = $3.23

b) Jane's price for each Groupon will be the rent revenue per day divided by the expected number of tubes to rent daily.  The expected number of tubes is derived by multiplying each expected number of tubes by its probability and then summing up the results.

6 0
3 years ago
On October 1, Eder Fabrication borrowed $60 million and issued a nine-month promissory note. Interest was payable at maturity. I
7nadin3 [17]

Answer:

cash        55,110,929 debit

   note payable      55,110,929 credit

--to record singing of promissory note with discounted interest--

interest expense 1.583.741,77 debit

   note payable              1.583.741,77 credit

--to record accrued interest on note payable --

Explanation:

the note plus interest will be for 60 millions.

So to calcualte the isuance ofthe note we must calculate the present value of a lump sum at 12% discount rate:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  60,000,000.00

time   0.75

rate  0.12

\frac{60000000}{(1 + 0.12)^{0.75} } = PV  

PV   55,110,929.18

then at December 31th we solve for the accrued interest:

Principal \: (1+ r)^{time} = Amount

Principal 55,110,929.18

time 0.25 (3 months over 12 month a year)

rate 0.12000

55110929.18154 \: (1+ 0.12)^{0.25} = Amount

Amount 56,694,670.95

accrued interest: 56,694,670.95 - 55,110,929.18 = 1.583.741,77

8 0
4 years ago
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