subject
Business, 03.04.2020 01:45 lovvyDovvy04

Carpenter Inc. had a balance of $80,000 in its warranty liability account as of December 2006, Carpenter's warranty expenditures to service actual warranty claims totaled expense is estimated at 1% of sales. Sales in 2006 were $40 million, what was the warranty liability account as of December 31, 2006? 14. 31, 2005. In $445,000. Its warranty balance in the

A. $ 35,000.
B. $135,000.
C. $125,000.
D. $480,000.
E. None of the above

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:20
The 2016 financial statements of the new york times company reveal average shareholders’ equity attributable to controlling interest of $837,283 thousand, net operating profit after tax of $48,032 thousand, net income attributable to the new york times company of $29,068 thousand, and average net operating assets of $354,414 thousand. the company's return on net operating assets (rnoa) for the year is: select one: a. 3.5% b. 6.9% c. 13.6% d. 18.7% e. there is not enough information to calculate the ratio.
Answers: 1
question
Business, 22.06.2019 02:30
The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.
Answers: 1
question
Business, 22.06.2019 21:30
Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?
Answers: 2
question
Business, 23.06.2019 07:50
Tubby toys estimates that its new line of rubber ducks will generate sales of $7.60 million, operating costs of $4.60 million, and a depreciation expense of $1.60 million. if the tax rate is 35%, what is the firm’s operating cash flow? (enter your answer in millions rounded to 2 decimal places.)
Answers: 1
You know the right answer?
Carpenter Inc. had a balance of $80,000 in its warranty liability account as of December 2006, Carpe...
Questions
question
Computers and Technology, 09.02.2021 17:30
question
Mathematics, 09.02.2021 17:30
question
Spanish, 09.02.2021 17:30
question
Spanish, 09.02.2021 17:30
question
Mathematics, 09.02.2021 17:30
Questions on the website: 13722363