Answer and Explanation:
The computation is shown below;
a. For Warranty Expense
= Sales × Estimated Warranty Percentage%
= $4,144,400 × 0.87%%
= $36,056.28
b)
The amount that should be reported is
Opening Balance of Estimated Warranty Liability Jan. 1, 2019 $42,635
Less: Actual warranty costs in 2019 ($26,750)
Add: Warranty expense accrued in 2019 $35,056
Closing Balance of Estimated Warranty Liability Dec. 31, 2019 $50,941
Answer:
SMEs have realised the importance of E-commerce and using it to gain growth and sustainability.
Explanation:
E-commerce has been a revolutionary step for small scale enterprises and customers towards ease of doing business and e- commerce has helped business to grow and expand. It has helped enterprises to increase their revenue, low operational cost and online presence. Customers can buy goods and services just by a click. They prefer e-commerce because everything is accessible online.
Answer:
Date General Journal Debit Credit
Debt investment 8850
Cash 8850
Dec 30 Cash 7000
Debt investment 6500
Gain on sale of investment 500
Explanation:
Answer:
- 2015 = $94
- 2016 = $128.50
- 2017 = $115
Explanation:
A Market Basket is used to calculate inflation overtime by tracking the change in prices of a specific and permanent number of goods and services.
The formula for calculating the market basket is;
Cost of Market Basket
= ∑(Price of good * Basket Quantity of good)
2015
Cost of Market Basket = (25 * 0.4) + (2 * 18) + ( 4 * 12)
Cost of Market Basket = 10 + 36 + 48
Cost of Market Basket = $94
2016
Cost of Market Basket = (25 * 0.5) + (2 * 22) + ( 4 * 18)
Cost of Market Basket = 12.5 + 44 + 72
Cost of Market Basket = $128.50
2017
Cost of Market Basket = (25 * 0.6) + (2 * 20) + ( 4 * 15)
Cost of Market Basket = 15 + 40 + 60
Cost of Market Basket = $115
Answer:
Option A "Qualitative" is the right option.
Explanation:
- Qualitative approaches usually involve data analysis models and techniques from some kind of wide range of functional professional disciplines.
- This same occurrence we were also willing to take part though is that smoker's behavior patterns with a relatively low socio-economic designation have been qualitative. Individual qualities as well as other qualities are indeed qualitative research.
And the above response is the appropriate one.
