What made americans so willing to engage in stock market speculation in the 1920s? people were in an optimistic mood, and they were willing to take a risk. speculation was the lowest-risk way to invest in the stock market. people felt they had little to lose, and there were few other options. speculation many low-income people move to the middle class.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

Arecession is defined as a period in which

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery