Wall welding co. offers warranties on all products sold. over the last several years, wall’s warranty claims have approximated 3% of total sales. wall’s currently has an estimated warranty payable balance of $4,000, and sales for the year totaled $350,000. what is the amount of warranty expense recorded by wall at year-end?

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

Which feature is a characteristic of a corporation?

Why is efficiency an important economic goal?