Bears inc. sells football helmets to local schools and warrants all of its products for one year. while no helmets sold in 2018 have been returned yet, based upon previous years, bears inc. estimates that 3% of its products will need repairs or be replaced within the next year. what effect would this warranty have on assets, liabilities, and stockholders' equity in 2018?

Diggity dank corporation uses an activity-based costing system with two activity cost pools. diggity dank uses direct labor hours as the measure of activity in the first activity cost pool and the number of orders in the second activity cost pool. the following information relates to these two activity cost pools for last year: what was diggity dank's under- or overapplied overhead for last year? a. $17,000 overapplied b. $20,000 underapplied c. $27,000 underapplied d. $73,000 overapplied

Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these

Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is