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Best Home Appliances Inc. (BHAI) usually sells its home appliances with awarranty for one year.Last year (2016) BHAI started a new policy and offered its

Best Home Appliances Inc. (BHAI) usually sells its home appliances with awarranty for one year.Last year (2016) BHAI started a new policy and offered its customers the option of buying an extended warranty for one additional year for an extra price.

By the end of 2016 BHAI's sales were as follows:

-Home appliancesfor $412 Million

-Extended warranties for $3 million.

End of 2016 BHIA reported revenues of $415 million. Do you agree with that? Explain.

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