During year 1, fox co. introduced a new product carrying a two-year warranty against defects. the estimated warranty costs related to dollar sales are 2% within 12 months following the sale and 4% in the second 12 months following the sale. sales and actual warranty expenditures for the years ended december 31, year 1 and year 2, are as follows: actual sales - warranty expenditures year 1 - $ 150,000 - $ 2,250 year 2 - 250,000 - 7,500 $ 400,000 - $ 9,750 what amount should fox report as estimated warranty liability in its december 31, year 2, balance sheet? a. $ 2,500
b. $ 4,250
c. $11,250
d. $14,250

Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas? a. railroadsb. airfreightc. truckingd. pipelinese. waterways

Only the united states has embassies. true or false

Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.