The balance of the estimated warranty liability account was $13,100 on january 1, 2013, and $18,400 on december 31, 2013. based on an analysis of warranty claims during the past several years, this year's warranty provision was established at 1.5% of sales, and sales during the year were $1,420,000. required: a. what amount of warranty expense will appear on the income statement for the year ended december 31, 2013?

What factors excluding price affect demand

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

What is the relationship among market segmentation, target markts, and consumer profiles?