During 2019, Thomas Manufacturing Company sells machines which a 5-year warranty for defects. Estimates indicate that total repair costs will average 4% of the total selling price. The estimated warranty liability was $42,000 at the beginning of 2019, and $47,000 at the end of 2019. Also, $11,000 in claims was actually incurred during the year to honor their warranty. What was the sales revenue for the year 2019
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Business, 21.06.2019 23:30
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Business, 22.06.2019 21:20
Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.
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During 2019, Thomas Manufacturing Company sells machines which a 5-year warranty for defects. Estima...
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