The financial statements for watertown service company include the following items: 20172016cash $46,500 $41,000shortminus−term investments24,00013,000net accounts receivable57,00050,000merchandise inventory158,00049,000total assets535,000551,000accounts payable133,500126,000salaries payable17,00020,000long-term note payable57,00050,000compute working capital for 2017

Describe the three different ways the argument section of a cover letter can be formatted

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

Which plan offers a tax-free education?