1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mash [69]
3 years ago
6

At the beginning of 2021, Angel Corporation began offering a two-year warranty on its products. The warranty program was expecte

d to cost Angel 4% of net sales. Net sales made under warranty in 2021 were $197 million. Fifteen percent of the units sold were returned in 2021 and repaired or replaced at a cost of $5.10 million. The amount of warranty expense on Angel's 2021 income statement is:___________.
a. $29.55 million.
b. $11.28 million.
c. $5.10 million.
d. $7.88 million.
Business
1 answer:
4vir4ik [10]3 years ago
5 0

Answer:

its not even 2021 yet

Explanation:

i should have put that in the comments sry

You might be interested in
The use of personal borrowing to change the overall amount of financial leverage to which an individual is exposed is called:___
Darya [45]

When the person uses his personal belongings to change the overall amount of his financial leverage then it will be called Homemade Leverage.

Homemade Leverage was provided by The Modigliani-Miller Theory. This theory assumes an efficient market and it also assumes the absence of corporate taxes and the cost of bankruptcy. Homemade leverage gives the power for investors to borrow on the same terms as the company. So in this way, it can create the effects of corporate leverage.

The advantage of this method is that we can use it to incorporate the cash flows that come from risk-free assets without relying on the findings of the fund manager. This allows us to borrow and also lend at a specific risk-free rate of interest and to build a leveraged accurate return for the company.

Learn more about Homemade Leverage here:

brainly.com/question/27994836

#SPJ4

5 0
2 years ago
Text written for advertising and marketing campaigns is referred to as
s2008m [1.1K]

Answer:

Option C. is correct

Explanation:

Advertising and marketing campaigns help to identify the needs of customers and to find a way to meet their needs in the best possible way. Such campaigns also help to promote the products or services of a company.

Text written for advertising and marketing campaigns is referred to as copy.

Therefore,

Option C. is correct

4 0
3 years ago
Select the letters of ALL accounts that are classified as ASSETS. *There may be one or more answers. *
Harrizon [31]

Answer:

Accounts Receivable - Steven Johnson; Cash; Kathy Smith, Capital; Prepaid Insurance; Supplies

Explanation:

Assets are thing you own. Therefor, this would include anything prepaid, any cash coming in, and supplies.

6 0
3 years ago
Roland, Inc. provides residential painting services for three home building companies, Alpha, Beta, and Gamma, and it uses a job
Lynna [10]

Answer: See attachment

Explanation:

Based on the information provided, the question has been solved and attached.

Profitability for Alpha:

Revenue = $100,000

Cost = $39800

Profit = $60200

Profitability for Beta:

Revenue = $100,000

Cost = $26350

Profit = $73650

Profitability for Gamma:

Revenue = $100,000

Cost = $27440

Profit = $72560

5 0
3 years ago
You are an investment adviser representative (IAR) at a state-registered investment adviser. Under the Uniform Securities Act, y
kogti [31]

Answer:

[D] The business of an accredited investor.

Explanation:

Business entities such as investment adviser, mutual fund, and other Investment companies are generally parts of the exemptions from what is widely known as Investment Adviser. Therefore, registration is typically not needed for these types of investments. Thus, the correct option is D. An accredited investor must register.

4 0
3 years ago
Other questions:
  • In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 million book value) into common s
    8·1 answer
  • Eaton Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produc
    13·1 answer
  • On January​ 1, 2018​, White Corporation signed a $ 120,000​, four​-year, 2​% note. The loan required White to make payments annu
    9·1 answer
  • A postsecondary school that does not have a set of admission requirements such as a minimum GPA or test scores is called
    11·1 answer
  • What is the repurchase of shares procedure
    7·1 answer
  • - Most banks are established
    10·1 answer
  • Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $50,000. Koch originally purchased Machine 1
    14·1 answer
  • Harris Co. is considering a 12-year project that is estimated to cost $900,000 and has no residual value. Harris seeks to earn a
    12·1 answer
  • Explain the employment-at-will (EAW) doctrine and ALL the exceptions to the doctrine. Look at the scenarios below and determine
    8·1 answer
  • allen is recording payroll that was processed outside. which quickbooks function would be most useful?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!