We are hired as consultants to assist Arctica Co. In accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile it sells. The following Tableau Dashboard is provided to assist us

Answers

Answer 1

The table shows that Arctica has understated the warranty liabilities.

What are warranty liabilities?

It should be noted that warranty expenses are the cost that a business expects to incur from the replacement of goods.

From the complete question, table shows that Arctica has understated the warranty liabilities. This was illustrated in the table.

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Related Questions

Income that is received as wages and is not adjusted for inflation is called ______ income. Multiple choice question.

Answers

Income that is received as wages and is not adjusted for inflation is called disposable income.

What is disposable income?

Disposable income is the available money for an individual to spend.

Charges such as tax will have been removed and the remaining is what an household spends.

Therefore, Income that is received as wages and is not adjusted for inflation is called disposable income.

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Which of the following are accurate descriptions of the meta message of a business communication? (Choose every correct answer.) Multiple select question. It is the overall message conveyed by the communication. It consists of any predictions made in the communication. It is conveyed as a combination of content and tone. It needs to be stated clearly to avoid misinterpretation. It is a summary at the end of the communication.

Answers

Answer:

It is conveyed as a combination of content and tone.

It is the overall message conveyed by the communication.

Explanation:

The following are accurate descriptions of the meta message of a business communication:

It is the overall message conveyed by the communication.

It is conveyed as a combination of content and tone. It needs to be stated clearly to avoid misinterpretation.

Thus option (a) and (c) are correct.

What is a business?

A business can be referred to as an organization or enterprising entity that engages in professional, commercial or industrial activities. There are different types of businesses like sole proprietorships, partnerships, corporations, and more.

The businesses are basically work for profit motive. Businesses can be small-scale or large-scale. Some of the biggest businesses in the world are Amazon and Walmart.

The following are accurate descriptions of the meta message of a business communication: It is the overall message conveyed by the communication; It is conveyed as a combination of content and tone. It needs to be stated clearly to avoid misinterpretation.

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How did the mongol conquests affect the italian economy?.

Answers

Answer:

The mongols unified much of Asia into one trade network, lowering prices creating a demand

for goods in Europe.

Any object that you can used to pay for goods or services can be classified as money.
True
False

Answers

Answer:

True

Explanation:

False, trading currency is not the same as trading goods or services; that’s called bartering not buying or selling

1.Why is GDP / Capita a more accurate way of determining the well-being of a people?
2.What is the difference between nominal GDP and real GDP?
3.How is economic growth the same as GDP? How is it different from GDP?
4. Explain the four phases of the business cycle

Answers

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

I hope this can help :)

Assume that the Fed intervenes by exchanging euros for dollars in the foreign exchange market. This will cause an ____ in the supply of euros in the foreign exchange market, and will place _______ pressure on the value of the euro.
a. outward shift; downward.
b. inward shift; downward.
c. inward shift; upward.
d. outward shift; upward.

Answers

The action of the Fed would lead to an outward shift in the supply of euros  in the foreign exchange market, and will place downward pressure on the value of the euro.

What is the impact of the action of the Fed?

When the Fed exchanges euros for dollars, it means that they are selling euros and buying dollars. As a result, the supply of euros increases. This leads to an outward shift of the supply of euros and a decline the value of euros.

Thus, the value of the euro would depreciate while the value of the dollar would appreciate.

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Ram Corporation paid cash dividends totaling $55,000 during its most recent fiscal year. How should this information be reported on Ram's statement of cash flows

Answers

The information should  be reported on Ram's statement of cash flows as: In financing activities as a use of funds.

What is financing activities?

]Financing activities can be defined as the movement of cash or inflow or out flow of cash in a company or an organization.

Financing activities is important to companies as it help to show how a company makes use of their fund and it has well has to do with paying cash dividends, selling stock among others in the statement of cash flow.

Inconclusion the information should  be reported on Ram's statement of cash flows as: In financing activities as a use of funds.

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In the United States, ________ laws prohibit collusion between rivals. a. competitive arbitration

Answers

Answer:

the answer is antitrus ..

What is the foreign exchange market?
A.
a market in which players can exchange, buy, and sell currencies
B.
a market in which people can purchase foreign goods
C.
a market in which people exchange foreign goods and services
D.
a market in which people import goods from developed countries

Answers

Answer:

so I think it's b

Explanation:

Foreign markets are any markets outside of a company's own country. Selling in foreign markets involves dealing with different languages, cultures, laws, rules, regulations and requirements. Companies looking to enter a new market need to carefully research the potential opportunity and create a market entry strategy.

Answer: Answer is A. Its where one can exchange and sell all money currencies.

Explanation: I looked up the definition.

According to republican thought:___.
a. The business of government was to help, not regulate, business.
b. Upper classes were best qualified to lead governments.
c. Republics failed because citizens lost their virtue.
d. Government involvement in business led to bloated budgets and social engineering.

Answers

I believe it was C
Hope it helps

Differentiate between norminal wages and real wages

Answers

Answer:

A norminal wage is not adjusted for inflation and real wage is adjusted for inflation

Identify the claim. ""The cost of poor health among uninsured people was almost $125 billion in 2004. "" ""The financial burden of uninsurance is also high for uninsured individuals. "" ""Uninsured people are less likely to receive care and more likely to have poor health status. "".

Answers

The condition of uninsured people in the United States is very well written in the paragraph where it highlights the fact that uninsured people are less likely to receive care and more likely to have poor health status.

What do you mean by medically uninsured?

In the US, more or less than 50 million do not have health insurance, and an additional 10-20% of people do not have insurance.

Uninsured are not eligible for Medicaid, which is the safety net for most Americans, because they do not qualify for country-based benefits, dependent assistance families, or do not meet other financial or class conditions.

The financial burden of medical care is high on uninsured individuals. It is told that most of them disappear as they do not have enough money to cover the high medical expenses.

Thus, we can say that uninsured people are less likely to receive care and more likely to have poor health status due to lack of finance.

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Answer:

“Uninsured people are less likely to receive care and more likely to have poor health status.”

Explanation:

next one is "Uninsurance is a financial burden."

Bayer AG was accused as a participant in an international price-fixing scheme that drove up the costs of rubber chemicals used to make shoes, tires, and other products. Bayer AG paid its fine but did not admit culpability. Instead, the company announced that paying the fine was less costly than litigation. Bayer AG implemented a(n) _______ strategy when responding to the demand for social responsibility.

Answers

They need to be out into jail

what is the average cost of emergency fund per month in Lubbock Texas?​

Answers

Answer:

Additionally, Lubbock ranks eleventh in Texas as the least expensive city and has a cost of living index 10% below the national average.

Explanation:

Lubbock is in Lubbock County and is one of the best places to live in Texas. Living in Lubbock offers residents a dense suburban feel and most residents own their homes. In Lubbock, there are a lot of parks. Many families and young professionals live in Lubbock and residents tend to lean conservative.

Answer:

Lubbock cost of living is 79.9

COST OF LIVING Lubbock Texas

Grocery 91.9 93.7

Health 104.8 95.4

Housing 57.6 84.3

Median Home Cost $168,100

Explanation:

According to the Council for Community and Economic Research (2017 Annual Report), Lubbock's overall cost of living index is 91.5 percent. Lubbock ranked 93rd out of 294 urban areas in the nation and 16th out of 32 urban areas in the state of Texas for lowest cost of living.

A firm's opportunity costs of production are equal to its a. explicit costs only. b. implicit costs only. c. explicit costs implicit costs total revenue. d. explicit costs implicit costs.

Answers

A firm's opportunity costs of production are equal to its implicit costs only.

What is opportunity cost?

Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is the loss of potential gain from other alternatives when one alternative is chosen.

Implicit cost is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent.

Hence, a firm's opportunity costs of production are equal to its implicit costs only.

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The _______ approach to social responsibility is most likely to be taken by a typical large U.S. company.

Answers

Answer:

accommodative

Explanation:

the answer.

benefits of world trade organisation

Answers

Answer:

— Participation in the development of new rules and principles of international trade. ...

— Export diversification. ...

— Transparent, predictable and attractive investment regime. ...

— Increase of sovereign credit ratings. ...

— Strengthening positions in trade disputes

is 1 a prime number
tell me pls im to dumm

Answers

Answer:

No

Explanation:

All prime numbers most be more then 1.

Which of the following are more likely to happen if you have bad credit? Check all that apply.

being denied a mortgage
being denied an unsecured credit card
having to pay higher interest rates on loans
getting a great interest rate on a car loan
having a strategy for dealing with a financial emergency

Answers

Answer:

being denied a mortgage. being denied an unsecured credit card. having to pay higher interest rates than loans

If you have bad credit the individual will be:

Being denied a mortgage.Being denied an unsecured credit card.Having to pay higher interest rates than loans

Thus, option 1, 2, and 3 is correct.

What is credit?

"Credit" has numerous implications in the monetary world, yet it most usually alludes to a legally binding understanding wherein a borrower gets an amount of cash or something different of worth and focuses on reimbursing the bank sometime in the future, normally with a premium.

Banks utilize your rating to survey how dependable you are with credit and decide how hazardous it very well may be to advance your cash. On the off chance that you don't have a sufficiently high score or you have slanderous imprints on your credit report, loan specialists could deny your home loan.

Therefore, option 1, 2, and 3 is correct.

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True or false: A static budget is being compared to actual activity. The variance is F for net income but U for most expenses. This suggests that actual activity was lower than budgeted.

Answers

Based on the fact that the variance for revenue was favorable and the variance for expenses was unfavorable, this statement is false.

Why is this statement false?

If revenue is favorable compared to the static budget and expenses are unfavorable, then it means that there was more activity.

Because there was more activity, the expenses that were budgeted for were less than the actual expenses which is why expenses were unfavorable.

In conclusion, this is false.

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A business supply company gave free office supplies to a nonprofit organization. What type of gift is this

Answers

Answer:

Gift-In-kind

Explanation:

Which of the following would be considered private goods?.

Answers

Answer:

those goods that belongs to one individually

PLEASE HELP ME IM NOT UNDERSTANDING THESE QUESTIONS

1.You and your team have developed an amazing new device to help people with arthritis fasten their
own necklaces and put on other jewelry without assistance. As a business owner, you know you
should take the right steps to protect your intellectual property. Which law would apply in this
case? Explain which law is relevant and how to apply for the appropriate intellectual property
protection.
2. Medical staff at a small local clinic are exploring key legal considerations and responsibilities
related to protecting patients from the spread of viruses. Describe and explain key factors a
company would need to consider in relation to business protection, employees, and insurance in the
face of a global pandemic.
3.The Downing family has owned and operated discount furniture and home decor business for four
generations. As the younger third and fourth generations are preparing to assume greater
responsibility, they are discussing changing the ownership structure of the business to either an S
corporation or a limited liability company LLC to better serve the needs of the families and
reduce liabilities. Which business structure would serve the family best? What are some influential
factors to consider? Provide reasons to substantiate your choice.

Answers

The answer to part 1 is "The business ownership structure which would best serve the family is a limited liability company (LLC). It provides its owners with limited liability such as business debts, and It isn't taxed directly by the internal revenue service (IRS)."

The answer to part 2 is "Some insurance they could consider would be medical malpractice insurance, which provides protection against  lawsuits brought by patients for medical errors or wrongful death."

If the required reserve ratio is a uniform 25 percent on all deposits, the money multiplier will be: a. 4.00. b. 2.50. c. 0.25. d. 0.40.

Answers

If the required reserve ratio is a uniform 25 percent on all deposits, the money multiplier will be: a. 4.00.

Money multiplier

Using this formula

Money multiplier=1/required reserve ratio

Where:

Required reserve ratio=25% or 0.25

Let plug in the formula

Money multiplier=1/.25

Money multiplier= 4.00

Inconclusion if the required reserve ratio is a uniform 25 percent on all deposits, the money multiplier will be: a. 4.00.

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If the minimum wage exceeds the equilibrium wage, then.

Answers

Answer:

The quantity demanded of labor will exceed the quantity supplied.

Explanation:

Pls, choose me as brainliest!

True or false: Managers know the importance of staff orientation, training, and development, so scheduling employees for it rarely conflicts with other organizational priorities.

Answers

It is True that Managers know the importance of staff orientation, training, and development, so scheduling employees for it rarely conflicts with other organizational priorities.

What is Staff Management?

Staff management refer to the activities carried out or tasks performed by organization mangers in order to supervise, train, guide, develop and orienttate employees to achieve improved goals or mission. The managers tend to train, orientate and develop their staffs through various means to achieve set goals.

Therefore, It is True that Managers know the importance of staff orientation, training, and development, so scheduling employees for it rarely conflicts with other organizational priorities.

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What percentage of your gross salary does the consumer financial protection bureau suggest.

Answers

10 percent of your gross income for debt repayment. Taking the time to thoughtfully plan can help you make informed borrowing decisions that set you up for a more manageable financial future.

Marketing synergies often come at the expense of product synergies because.

Answers

Marketing synergies often come at the expense of product synergies because : A single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.

What is marketing synergies?

Synergy means the sum is greater than the part. Marketing synergy occurs when multiple marketing initiatives are combine to create an effect more than the sum of their parts.

The above means that customers contact one after fewer viewings of marketing messages across various platform.

Hence, Marketing synergies often come at the expense of product synergies because a single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.

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True or false: In the United States, sole proprietorships and partnerships outnumber corporations. True false question. True False

Answers

Answer:

True

Explanation:

Today there are more proprietorships and partnerships then there are corporations.

In the United States, sole proprietorships and partnerships outnumber corporations. The given statement is true. Hence, Option A is correct.

What is a proprietorship?

Proprietorship or sole proprietorship is the state where an individual is having the whole sole authority or right regarding any business. It is that situation, in which the person who is the owner has all the rights.

Here, the conversation for rights is regarding business rights, in which a person will take all the decisions that are being found compulsory and are in favor of the business and its growth.

The term which can be used in place of a sole proprietorship is sole tradership. It is a type of business entity that is run by a single person and some of the family members can also join it. But the owner will be retained in the name of a single person.  

Thus, a sole proprietorships in the United States outnumbers corporations. Option A is correct.

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During December, Alaskan Services makes a credit sale of $4.600 (before sales taxes). The state sales tax rate is 6% and the local sales tax rate is 2.5%

Answers

Answer:

$4997.9

Explanation:

((4600x1.06)x1.025=4997.9

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