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could you just asnswer question 51 QUESTION BO Using the financialommation for Confused Ltd above. Determine the following 1) Which set made the company appear
could you just asnswer question 51
QUESTION BO Using the financialommation for Confused Ltd above. Determine the following 1) Which set made the company appear to be more profitable? Do you agree with the results ? 2) Why did the amount of cash remain the same? Be sure to explain how you arrived at your answers and no marks will be awarded for guessing. Serend to s end submit. Click Save All A r to su allarmers QUESTION 51 Use the following information for the question(s) below Ruby & Rings Inc offers a two-year assurance warranty against failure of its products. The estimated liability is 4% of sales in the year of sale and 6% in the second year Sales tot 2020 and 2021 were $2,500,000 and $2,800,000, respectively. The company incurred no warranty costs in 2020 but in 2021 they spent $175 000 on repairs related to the warranties issued in 2020 and 2021 The way roon at the 2020 year end was A $150 000 5100 000 C 5250 000 050 QUESTI Step by Step Solution
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