Business, 19.07.2020 01:01 flippinhailey
Quantas Industries sold $325,000 of consumer electronics during July under a nine-month warranty. The cost to repair defects under the warranty is estimated at 4.5% of the sales price. On November 11, a customer was given $220 cash under terms of the warranty.
Required:
a. Provide the journal entry for the estimated warranty expense on July 31 for July sales.
b. Provide the journal entry for the November 11 cash payment.
Answers: 1
Business, 21.06.2019 22:40
wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?
Answers: 3
Business, 22.06.2019 10:00
How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.
Answers: 1
Business, 22.06.2019 10:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
Business, 22.06.2019 10:40
What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk
Answers: 1
Quantas Industries sold $325,000 of consumer electronics during July under a nine-month warranty. Th...
English, 17.02.2021 03:50
Advanced Placement (AP), 17.02.2021 03:50
Advanced Placement (AP), 17.02.2021 03:50
Mathematics, 17.02.2021 03:50
History, 17.02.2021 03:50
Mathematics, 17.02.2021 03:50
Mathematics, 17.02.2021 03:50
Geography, 17.02.2021 03:50
Mathematics, 17.02.2021 03:50
Geography, 17.02.2021 03:50
Mathematics, 17.02.2021 03:50
Mathematics, 17.02.2021 03:50