Over the past four years, Hashwari Corporation reported sales revenue and warranty expense as follows.
2016 2017 2018 2019
Sales revenue $5,000,000 $5,200,000 $5,382,000 $5,704,920
Warranty expense 105,200 104,100 118,500 108,400
We wish to reformulate the income statement to reflect a constant proportion of warranty expense to sales over the four-year period. What is our warranty expense adjustment for each year?

Answers

Answer 1

Answer:

Missing word "Average warranty to sales rate is 2.05%"

                Adjusted expense and Adjustment required

                                                 2014            2015             2016             2017

Sales revenue                   $5,000,000 $5,200,000 $5,382,000  $5,704,920

Average warranty to sales rate 2.05%      2.05%            2.05%         2.05%

Adjusted warranty expense $102,500  $106,600   $110,331      $116,951

Actual warranty expense       $105,200   $104,100     $118,500      $108,400

Adjustment required            -$2,700       $2,500      -$8,169          $8,551


Related Questions

A married couple with only one spouse currently working outside the home plans to retire in several years. An annuity that would be particularly suitable for saving for that retirement would be:_________
a. a straight life annuity on the life of the working spouse,
b. a straight life annuity on the life of the nonworking spouse,
c. a deferred joint and survivor annuity,
d. an immediate joint and survivor annuity.

Answers

Answer:

b i'm not sure but don't go by my answer please i don't want to get u wrong

Explanation:

Current market trends and consumer preferences across the globe

Answers

Answer:

Consumers Will Abandon Brands That Don’t Support Their Values In Favor Of Those That Do. How To Meet Reimagined Consumers Where They Are, Building New Loyalty & Revenue Streams. Strategy. Consumer Values. 25K Consumers Surveyed. 14 Industries.

I HOPE THIS HELPS PLS BRAINLIST?

The Central Division of National Inc. has operating income of $16,000 on sales revenue of $155,000. Divisional operating assets are $84,600, and management of National has determined that a minimum return of 12% should be expected from all investments.

Required:
a. Using the DuPont model, calculate The Central Division’s margin, turnover, and ROI.
b. Calculate The Central Division's residual income.

Answers

Answer:

.

Explanation:

Tarnopol Learning Services​ (TLS) offers tutoring to high school​ students, college​ students, and adults returning to school.​ TLS's major product offerings include academic​ tutoring, standardized test​ preparation, and admissions consulting. Demand for standardized test​ preparation, which accounts for the majority of​ TLS's revenues, peaks before the most popular test dates. Demand for admissions consulting peaks late in the​ year, just before application deadlines. Demand for tutoring services varies less than demand for other TLS​ services, but it is highest near the end of academic semesters. Staff shortages during these times have been a persistent problem. In​ response, TLS is considering whether to​ 1) recruit and train a greater number of temporary workers during peak demand​ times; or​ 2) partner with a tutoring and testing outsourcing firm that would provide services to TLS customers using the TLS brand. An executive at TLS believes that the best way to measure the number of extra employees that TLS needs is to estimate the number of extra employees each product category requires and then add all of those estimates together. Which of the following points out a flaw in this​ approach??A. The largest growth area for TLS is governmental contracts, which have buying procedures that are very different from those of other customers.B. TLS currently maintains separate accounting departments in each of its regions. C. To be effective, TLS managers need to be experts in at least one of the products that TLS sells. D. TLS hopes to build sustained relationships with customers, selling the same person academic tutoring standardized test preparation, and admissions consulting. E. Communication between different marketing departments in different regions has been substandard.

Answers

Answer:

D. TLS hopes to build sustained relationships with customers, selling the same person academic tutoring standardized test preparation, and admissions consulting. E. Communication between different marketing departments in different regions has been substandard.

Explanation:

An invention that raises the future marginal product of capital in a closed economy) would cause an increase in desired investment, which would cause the investment curve to shift to the:________ and would cause the real interest rate to:________
A) right; increase
B) right; decrease
C) left: increase
D) left: decrease

Answers

Answer:

A) right; increase

Explanation:

In the case of the closed economy when the marginal product of capital increased so it also increased the investment due to which the shifting of the investment curve is rightward and this will result in increase in the real interest rate

So as per the given situation, the option a is correct

hen Steve Jobs updated his company name from Apple Computer to Apple in 2007, which part of the brand positioning was he changing

Answers

Answer:

Frame of reference

Explanation:

In simple words, The "frame of reference" in marketing refers to how the targeted customer perceives a latest brand, service, or proposition. This conjures up a certain image or impression of a product, service, or concept that is being promoted. A frame of reference can be understood as the point of comparative valuation that your advertisers may use to assist position and distinguish your goods in the business.

World-Tour Co. has just now paid a dividend of $2.83 per share (Div0); its dividends are expected to grow at a constant rate of 6% per year forever. If the required rate of return on the stock is 16%, what is the current value of the stock after paying the dividend

Answers

Sksksksxnxjsizknx nbcndjdiewis. Chdisns c dhdjs

In Multinational Capital budgeting, project cash flows can diverge from parent cash flows because of the following factors, except?
A. Foreign exchange risks.
B. Size of the subsidiary.
C. Political risk and Country risk.
D. The existence of growth options.
E. Cannibalization due to the replacement of exports by local production.

Answers

Answer: E. Cannibalization due to the replacement of exports by local production.

Explanation:

Multinational capital budgeting simply means when real productive assets is invested in foreign countries.

In Multinational Capital budgeting, project cash flows can diverge from parent cash flows because of foreign exchange risks, subsidiary size, political and country risk and the existence of growth options.

The cannibalization due to replacement of exports by local production isn't among the factors.

Strack Houseware Supplies Inc. has $889 million in total assets. The other side of its balance sheet consists of $142.24 million in current liabilities, $257.81 million in long-term debt, and $488.95 million in common equity. The company has 29,400,000 shares of common stock outstanding, and its stock price is $88 per share. What is Strack's market-to-book ratio

Answers

Answer:

See below

Explanation:

Given the above information,

Market value = Common stock outstanding × Stock price

Market value = 29,400,000 × $88

Market value = $2,587,200,000

Common equity = $488.95 million

Then,

Market to book ratio = $2,587,200,000 / $488,095,000

Market to book ratio = 5.30

Therefore, Strack's market to book ratio is 5.30

what is isomers give examples​

Answers

Answer:

In chemistry, isomers are molecules or polyatomic ions with identical molecular formulas — that is, same number of atoms of each element — but distinct arrangements of atoms in space. Isomerism is existence or possibility of isomers. Isomers do not necessarily share similar chemical or physical properties.

Explanation:

I don't know

Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manufactured by Lollie Corp. The machine can be used for 15 years and then sold for $20,000 at the end of its useful life. Lollie has presented Kiddy with the following options: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. Buy machine. The machine could be purchased for $170,000 in cash. All insurance costs, which approximate $15,000 per year, would be paid by Kiddy. 2. Lease machine. The machine could be leased for a 15-year period for an annual lease payment of $35,000 with the first payment due immediately. All insurance costs will be paid for by the Lollie Corp. and the machine will revert back to Lollie at the end of the 15-year period. Required:Assuming that a 12% interest rate properly reflects the time value of money in this situation and that all maintenance and insurance costs are paid at the end of each year, determine which option Kiddy should choose. Ignore income tax considerations. (Negative amounts should be indicated by a minus sign. Round your final answers to nearest whole dollar amount.)

Answers

Answer:

Kiddy Toy Corporation

The company should lease.  It will save $30,123 by leasing than by buying the machine.

Explanation:

a) Data and Calculations:

1. Buy Machine:

Initial cost = $170,000

Annual Insurance Premium = $15,000

Interest rate = 12%

Estimated useful (Lease Period) = 15 years

Insurance Premium for 15 years (PV) = $102,162.97

PV of Salvage value ($20,000 * 0.183) = $3,660

Total cost of buying machine = $268,503 ($170,000 + $102,162.97 - $3,660)

Present value of lease payments = $238,380

NPV of leasing over buying = $30,123 ($268,503 - $238,380)

N (# of periods)  15

I/Y (Interest per year)  12

PMT (Periodic Payment)  35000

FV (Future Value)  0

 

Results

PV = $238,380.26

Sum of all periodic payments = $525,000.00

Total Interest = $286,619.74

Insurance Premium:

N (# of periods)  15

I/Y (Interest per year)  12

PMT (Periodic Payment)  15000

FV (Future Value)  0

Results

PV = $102,162.97

Sum of all periodic payments $225,000.00

Total Interest $-122,837.03

One of the examples given by Agnew and Brezina as a way to reduce crime by reducing situational strains is to:

Answers

Answer:

Reduce the amount of media violence.

Explanation:

Reducing crime reducing situational stains is the method to minimize the impact of crime and being it public. Media is the most effective way which reports details of crime very quickly. Agnew and  Brezina had tried to reduce the impact of crime and avoid distribution of details to public about the reported crime to reduce situational stains.

If planned aggregate expenditure (PAE) in an economy equals 2,000 0.8Y and potential output (Y*) equals 11,000, then this economy has

Answers

Answer: a recessionary gap

Explanation:

Equilibrium occurs where the planned aggregate expenditure is equals to the income Y.

Therefore, based on the question given, for this economy,

(2,000 + 0.8Y) = Y

Y - 0.8Y = 2000

0.2Y = 2000

Y = 2000/0.2

Y = 10,000.

Since potential output Y* is given as 11,000, then there's a recessionary gap since the actual output is lower than the potential output.

Boats and Bait has 78,000 shares outstanding that sell for a price of $74 per share. The stock has a par value of $2 per share. The company's balance sheet shows capital surplus of $185,000 and retained earnings of $225,000. If the company declares a stock dividend of 17.5 percent, what is the new common stock value on the balance sheet?

Answers

Answer:

$183,300

Explanation:

The computation is shown below:

Value of common stock value on the balance sheet prior to the stock dividend is

= No of stock outstanding ×  Face value per share

= 78,000 × $2

= $156,000

Now  

New shares to be issued is

= 78,000 ×  0.175

= 13,650 shares

So,  

Total shares outstanding after stock issue is

= 78,000 + 13,650

= 91,650 shares

Now the value of common stock after stock dividend is

= 91,650  × $2

= $183,300

Once a good or service nears the end of its product life cycle, the firm recognizes that Multiple Choice it is impossible to revert to an earlier stage of the model. it can return to an earlier stage through creative marketing. it will enjoy relatively high profits. marketing dollars spent now will provide little benefit.

Answers

Answer:

it can return to an earlier stage through creative marketing.

Explanation:

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.

However, once a good or service nears the end of its product life cycle i.e it's at the decline stage, the business firm recognizes that it can return to an earlier stage where it offers satisfaction to the consumers and generate revenue, through creative marketing.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Measuring GDP
The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars.
Fill in the missing cells in the table to calculate GDP using the expenditure approach
Data
(Billions of dollars)
Consumption (C) 13,948.5
Investment (I) 3,650.1
Exports (X) 2,531.3
Imports (M) 3,156.7
Net Exports of Goods and Services
Government Purchases (G) 3,520.8
Gross Domestic Product (GDP)

Answers

Answer:

$-625.4 billion

$20,494 billion

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

2531.3 - 3,156.7 = $-625.4 billion

GDP =  13,948.5 +  3,650.1 +  3,520.8 - $-625.4 = $20,494 billion

If the cost method is used to account for an investment in common stock, dividends received should be recorded only when 20% or more of the stock is owned. debited to the Stock Investments account. credited to the Dividend Revenue account. credited to the Stock Investments account.

Answers

Answer: credited to the Dividend Revenue account.

Explanation:

If a company is using the cost method is used to account for an investment in common stock, then that common stock should be treated as an asset. This means that dividends that come from that company will be seen as revenue so this would be recorded in the dividend revenue account.

It will be accounted for in the cashflow statement of the company as either investing cashflow or operating. This would depend on if the company is using IFRS or U.S. GAAP.

explain briefly features of creativity ​

Answers

Answer:

In conclusion we can say that if we want to run a creative activity in the classroom, we need to check for the presence of these four features: imagination, purpose, originality and value, and organise the process in a way that all these can be incorporated.

Explanation:

hope it helps!

The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, who share profits and losses in the ratio of 4:3:3, respectively:
Cash $83,000 Accounts payable $208,000
Other assets 765,000 Ferris, loan 44,000
Hardwick, loan 34,000 Hardwick, capital 280,000
Saunders, capital 180,000
Ferris, capital 170,000
Total assets $882,000 Total liabilities and capital $882,000
The partners decide to liquidate the partnership. Forty percent of the other assets are sold for $240,000. Prepare a proposed schedule of liquidation at this point in time.

Answers

Answer:

Here the answer is given as follows,

Consider the markets for tap water, bottled water, cola, and beer. Assume there is only one provider of tap water, bottled water manufacturers use advertising to differentiate their products, cola producers engage in strategic pricing behavior, and the beer market is largely controlled by only a few firms. Classify the market for each of the following drinks as either monopoly, oligopoly, monopolistic competition, or perfect competition.

Monopoly Oligopoly Monopolistic Competition Perfect Competition
Tap water
Bottled water
Cola
Beer

Answers

Answer:

Tap water ⇒ Monopoly

In a monopoly, there is only one supplier of a certain good or service. Tap water is therefore a monopoly as only one provider supplies it.

Bottle water ⇒ Monopolistic competition

In a monopolistic competition, similar but differentiated products are supplied. As bottled water is differentiated by advertising, it must exist in a monopolistic competition.

Cola ⇒ Oligopoly

An oligopoly is controlled by a few firms who have to engage in strategic planning behavior in order to sell their goods. This means that they would either lower prices to match competitors or collude with them to ensure stable prices.

Beer ⇒ Oligopoly

In an oligopoly, the market is controlled by a few firms who have an incentive to collude to set a certain price because a price war would be bad for all the firms involved.

Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows: Product 1 Product 2 Product 3 Cost $ 35 $ 105 $ 65 Selling price 85 165 115 Costs to sell 8 70 25 Required: What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory

Answers

Answer:

                     Cost   Selling Price   Costs to Sell   NRV  Inventory value

                        A              B                      C           D=(B-C) E=(lowerof A&D)

Product 1        35            85                    8                 77              35

Product 2       105          165                  70                95             95

Product 3        65           115                   25               90              65

Crane Corporation's computation of cost of goods sold is:

Beginning inventory $34800
Add: Cost of goods purchased 470000
Cost of goods available for sale 504800
Less: Ending inventory 72000
Cost of goods sold $432800

The average days to sell inventory for Fry are:________

Answers

Answer:

16.64 days

Explanation:

Given the above information, we will calculate the average days to sell inventories with the formula below;

Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100

Ending inventory = $72,000

Cost of goods sold = $432,800

Then, Average days to sell inventories

= [$72,000 / $432,800] × 100

= 16.64 days

Therefore, the average days to sell inventory for Fry are 16.64 days

Solve for the missing amounts using a T-account for the balance sheet accounts in each situation. Assume that there is only one debit entry and one credit entry in the account during the month. Required: a. The Supplies account had a balance of $1,250 at the beginning of the month and $1,700 at the end of the month. The cost of supplies purchased during the month was $4,000. Calculate the cost of supplies used during the month.

Answers

Answer:

$3,550

Explanation:

Supplies used = Opening supplies + Purchases of Supplies - Ending Supplies

therefore,

Supplies used = $1,250 + $4,000 - $1,700

                         = $3,550

thus,

The cost of supplies used during the month is $3,550.

Which is the right Sales Funnel?

Answers

Answer:

awareness and Discovery

What is implication for the Government in the tax policy ?

Answers

Answer:

ax policy is the choice by a government as to what taxes to levy, in what amounts, and on whom. It has both microeconomic and macroeconomic aspects. The macroeconomic aspects concern the overall quantity of taxes to collect, which can inversely affect the level of economic activity; this is one component of fiscal policy.

Explanation:

......

Answer:

To meet their expenses, government need income, called "revenue," which it raises through taxes. In our country, governments levy several different types of taxes on individuals and businesses. The Federal Government relies mainly on income taxes for its revenue. State governments depend on both income and sales taxes

Explanation:

Two years ago, Global Airlines sold a $250 million bond issue to finance the purchase of new jet airliners. These bonds were issued in at par value with an original maturity of 12 years and a coupon rate of 12%. Determine the value today of one of these bonds to an investor who requires a 14% rate of return on these securities. Is it a discount or premium bond and why

Answers

Answer:

$897

Explanation:

Calculation to determine the value today

Using Financial calculator to determine the Present value (PV)

N = (12- 2) = 10 years

I = 14%

PMT =12%*1,000=120

FV = $1000

PV=?

Hence;

PV = $896.68

PV=$897 (Approximately)

Therefore the value today is $897

Four major breakfast cereal companies share a majority of the cereal market: Kellogg, Post, General Mills, and Quaker. This is an example of

Answers

Answer:

Oligopoly

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

I. Mutual interdependence between the firms.

II. It's a market that is typically controlled by many small firms.

III. Difficult entry to new firms.

In this scenario, four major breakfast cereal companies share a majority of the cereal market (identical or similar products) such as Kellogg, Post, General Mills, and Quaker. Thus, this is an example of an oligopoly.

There are a handful of common mistakes people make when trying to
separate skill from chance. Which of the following is not one of those mistakes?
a. Hindsight bias
b. Outcome bias
c. Loss aversion
d. Narrative seeking

Answers

Answer:

c. Loss aversion

Explanation:

Loss aversion is a cognitive bias that explains where there is the pain for losing should be twice as equivalent to the gaining pleasure. It is the tendency of an individual to avoid the losses that purchase the equivalent gains. And, the term that not done the given mistake is the loss aversion

So as per the given situation, the option c is correct

A company pays its employees $1,800 each Friday, which amounts to $360 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:_____.
a. $4,000.b. $800.c. $1,600.d. $2,400.e. $3,200.

Answers

Answer:

$1,440

Explanation:

A company pays it's employees $1800 each Friday

This amounts to $360 per day

Therefore the amount of a salaries earned but unpaid is

= 360×4

= $1,440

MC Qu. 98 At the beginning of the recent... At the beginning of the recent period, there were 1,470 units of product in a department, 35% completed. These units were finished and an additional 6,900 units were started and completed during the period. 1,560 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:

Answers

Answer:

Using the weighted average method, the equivalent units produced by the department were:

= 8,760 units.

Explanation:

a) Data and Calculations:

                                         Units    Conversion  

 Ending inventory             1,560

Units completed             8,370

Units available                9,930

Beginning inventory        1,470         35%

Additional units started 8,460

Equivalent units of production:

Units completed            8,370         8,370 (100%)

Ending inventory           1,560            390 (25%)

Equivalent units of production       8,760

Other Questions
In this picture, the measure of angle theta is 1 radian. A. TrueB. False *please include an explanation for answer* Illustrate what effects do dimensions of diversity have on health care disparity The graph below has the same shape as the graph of G(x) = x, but it isshifted three units to the left. Complete its equation. Enter exponents usingthe caret (-); for example, enter x as x^4. Do not include "G(x) =" in youranswer.G(x) = How many grams of h2o are needed to produce 45g of NO 25.Which of the following comes from a Greek word meaning "view"?a.b.zoionnomosautosopsisC.d. Choose the best answer.Qu vas a beber?Vas a beber agua.Voy a beber agua.Vamos a beber agua.Va a beber agua. Use the Hide Others button to hide the other structures in the view and observe the routes of the arteries. Select the largest artery, traveling from the heart downward through the torso. What is this artery called Indicate in standard form the equation of the line passing through the given points, writing the answer in the equation box below. G(4, 6), H(1, 5) 10Complete the following sentence with the appropriate word.Too much cheesegood for your diet.ain'tisn'tnevernot Which is appropriate for the POL? worth 10 points please help me ASAP! Write a program in Cto define a structure Patient that has the following members If you could spend 1 day with anyone who has ever lived, whom would you spend it with, and what would you ask this person? - ? Kendra needs to rate five of her subordinates. She make a chart of all possible pairs of employees for each trait being evaluated. Then, she indicates the better employee of each pair with a positive symbol on the chart. Finally, she totals the number of positive symbols for each employee. Which method of performance appraisal has Kendra most likely used? how are proteins and nucleic acids related The measures of the exterior angles of a pentagon are x', 38, 45,5x", and 72. Solve for x. what are the three acts of plagiarism help me please i need this right now !! what is 888 + 48 ? pleaaaase