In the current year, Hanna Company reported quality-assurance warranty expense of $190,000 and the warranty liability account increased by $20,000. What were warranty expenditures during the year?

You own 100 shares of Troll Brothers' stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 stock split.

An instance where sellers should work to keep relationships with consumers is when they feel that the product

Indigo Corporation factors $256,800 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen Battle Financing will collect the receivables.

Cherokee Inc. is a merchandiser that provided the following information: Number of units sold 20,000 Selling price per unit $ 30 Variable selling expense per unit $ 4 Variable administrative expense per unit $ 2 Total fixed selling expense $ 40,000

Which example describes sharing risk? getting car insurance deciding not to buy a car only driving during the day driving a car at high speeds

Why do economists use models? a. Models are used to add complexity to a simple world. b. Models allow us to study a simplified version of a complex world. c. Models allow us to control exogenous factors. d. Models make the world harder to understand.

On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Co.

Accounts are classified in the ledger a. alphabetically b. chronologically c. so that accounts used most often are listed first d. in accordance with their appearance in the financial statements

In 1-2 sentences, explain how wage discrimination results in unequal pay.

The catalyst for the market revolution was a series of innovations in ... a. Manufaturing b. Agriculture c. Banking and fiance d. Transportation and communication