Your firm is selling a 3-year old machine that has a 5-year class life. the machine originally cost $580,000 and required an investment in net working capital of $20,000 at the time of installation (recoverable when the machine is no longer in use). your firm is selling the asset for $180,000. your firm's marginal tax rate is 34%. what is the cash flow effect from selling this machine?

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?