Answer:
D. QAR 114,000
Explanation:
Calculation for How much the amount of "Warranty expense" that Al Maha Company should report
Using this formula
Warranty expense=[(First year expected warranty costs*Sales)+(Second year expected warranty costs*Sales)+(Third year expected warranty costs*Sales)]
Let plug in the formula
Warranty expense=[(3% 1,900,000)+(2%* 1,900,000)+(1%*1,900,000)]
Warranty expense=57,000+38,000+19,000
Warranty expense=QAR 114,000
Therefore the amount of "Warranty expense" that Al Maha Company should report will be QAR 114,000.
Answer:
D
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing.
Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
The payoffs for advertising for both firms is either $4 million or $1 million
The payoffs of not advertising for both firms is either $10 million or $5 million
The payoffs of not advertising is higher for both firms. The dominant strategy for both firms is not to advertise. The Nash Equilibrium is not to advertise
Answer:
legal system
Explanation:
There are five basic legal systems used in different countries around the world: civil law, common law, customary law, religious law, and mixed legal systems.
Generally business operations are included under common law (US and UK + former colonies) or civil law (based on Roman law used in most of Europe and Latin America), at least in western countries. This includes both North and South America, western European countries, and Australia + NZ.
Personally I don't know about the rest of the non western countries.
Answer:
$67,600
Explanation:
Calculation for the company’s cash flows from operating activities using the indirect method
Cash flows from operating activities
Net income 5,800
Adjustments to reconcile net income to operating cash flow
Depreciation 49,000
Accounts receivable decrease 13,500
(31,500-45,000)
Inventory increase (11,100)
(66,500-55,400)
Accounts payable increase 11,200
(43,400-32,200)
Income taxes payable decrease(800)
(2,700-3,500)
Net cash provided by operating activities $67,600
Therefore the company’s cash flows from operating activities using the indirect method will be $67,600