subject
Business, 29.08.2019 18:10 brainBoy480

Butcher co. sold 10,000 toys in year4 for $20 each. the company expects that 5% of the toys will be returned under warranty for a refund of the sales price in the 2-year warranty period. there were $6,000 of warranty obligations paid in cash during year4. what is butcher's warranty expense for year4?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:00
Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld
Answers: 2
question
Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. βˆ’ exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) βˆ’ na = (360 ) (360 ) oa b. na = (360 ) + 360 360 βˆ’ na = 360 na c. (360 ) = na + (360 ) (360 ) βˆ’ na = (360 ) na d. na = (360 ) + 360 360 βˆ’ na = 360 na
Answers: 1
question
Business, 22.06.2019 12:30
Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying
Answers: 1
question
Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
You know the right answer?
Butcher co. sold 10,000 toys in year4 for $20 each. the company expects that 5% of the toys will be...
Questions
question
English, 07.01.2021 01:30
question
Mathematics, 07.01.2021 01:30
question
History, 07.01.2021 01:30
question
Mathematics, 07.01.2021 01:30