Required information Exercise 8-15B Record warranties over two years (LO8-5)

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A company begins operations in Year 1 and offers a one-year warranty on all products sold. Total appliance sales in Year 1 are $1,600,000, and the company estimates future warranty costs in Year 2 to be 2% of current sales. Actual warranty costs in Year 2 are $25,000. Also in Year 2, the company has additional sales of $2,400,000 and revises its estimate of warranty costs associated with sales in Year 2 to be 1.5%.
Exercise 8-15B Part 4

1. Record the contingent liability for warranties for the year ending December 31, Year 1.

2.Record the actual warranty expenditures, assuming all costs were paid in cash.

3.Record the contingent liability for warranties for the year ending December 31, Year
2.

4. What is the balance in Warranty Liability at the end of Year 1 and Year 2?

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step-by-step explanation:

answer: the answer is (b) amie should have multiplied

step-by-step explanation: given a sphere and a cylinder with same radius and height.

let, 'r' be the radius of the cylinder and sphere and 'h' be the height of the cylinder. according to the question,

r = h.

now, the volume of the sphere will be

and the volume of the cylinder will be

therefore, we have

thus, ammie should have multiplied the volume of the sphere

the population of other specie of birds will decline or other specie of birds will find some alternate source of food to survive.

explanation:

according to the competitive exclusion principle, which is also known as gause's law, two specie living in the same niche and feeding on the same resource cannot co-exist stably.

as we have well studied the theory of natural selection which states that only those organisms survive which have better tendency to compete for food and adapt to the environmental conditions.

coming towards the question, what wi ll happen when one species outcompetes the other for the small fish , the other specie will not get enough food and will start to die or decline in population. eventually either other specie needs to find another alternative food source for itself or migrate at some other location where there is less competition otherwise it will just not exist anymore at that niche.

hope it !

sadsdda

step-by-step explanation: