Answer:
5.022 Million dollars
Explanation:
According to Apple 2017 financial report and looking at the consolidated balance sheets of the company, the warranty expenses of Apple was 5.022 millions. Other than this, Apple paid $4.401 Million as warranty claims.
These statistics are used by managerial accountants to inform all the stakeholders about the company cost and projections and warranty claim is one major head in it
Answer:
Down payment
Explanation:
Down payment is a initial cash outlay at the time of purchasing any capital intensive item (house, machinery, vehicles etc.) through lease or mortgage.
Down payment reduces the total amount of external financing required (Company financing the purchase) thus the down payment reduces the periodic installment and interest rate charge on the financing.
Answer:
The answers are:
A) 4.23 years
B) 1.08 years
C) Off course I would recommend Dave and Ellen to install these safety items, not only because they save money but also because they are very useful.
Explanation:
The cost of the deadlocks including installation is $110 for each exterior door ($220 total). The cost for installing smoke detectors is $24 for each floor ($48 total).
The discount that Dave and Ellen can get is
- $52 per year for installing the deadlocks
- $26 per year for installing the smoke detectors
A) It will take Dave and Ellen 4.23 years ($220/$52) to recover the money spent on the deadlocks.
B) It will take Dave and Ellen 1.08 years ("26/$24) to recover the money spent on the smoke detectors.
Non-price rationing system is commonly done by queuing (to resolve rationing problems brought by price ceilings) and by coupons (to restore buyer equilibrium). Favored customers who received special treatment from dealers when there is an excess demand, which means: owners giving goods and services to their friends, is another non-price rationing mechanism. I hope that this is the answer that you were looking for and it has helped you.
