At the beginning of 2021, Angel Corporation began offering a two-year warranty on its products. The warranty program was expected to cost Angel 5% of net sales. Net sales made under warranty in 2021 were $188 million. Fifteen percent of the units sold were returned in 2021 and repaired or replaced at a cost of $5.30 million. The amount of warranty expense on Angel's 2021 income statement is: Multiple Choice $12.80 million. $5.30 million. $9.40 million. $28.20 million.

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?

Heyak believed that the economy could be hard to measure because

Can someone me with general journal entry on this? ?