Hitzu co. sold a copier costing $4,800 with a two-year parts warranty to a customer on august 16, 2015, for $6,000 cash. hitzu uses the perpetual inventory system. on november 22, 2016, the copier requires on-site repairs that are completed the same day. the repairs cost $209 for materials taken from the repair parts inventory. these are the only repairs required in 2016 for this copier.
based on experience, hitzu expects to incur warranty costs equal to 4% of dollar sales. it records warranty expense with an adjusting entry at the end of each year.

required:

1. how much warranty expense does the company report in 2015 for this copier?
2. how much is the estimated warranty liability for this copier as of december 31, 2015?
3. how much warranty expense does the company report in 2016 for this copier?
4. how much is the estimated warranty liability for this copier as of december 31, 2016?
5. prepare journal entries to record (a) the copier's sale; (b) the adjustment on december 31, 2015, to recognize the warranty expense; and (c) the repairs that occur in november 2016.

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

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.

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