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If a company can estimate the cost of servicing their products under warranty and it is very likely that warranty claims will be made,
If a company can estimate the cost of servicing their products under warranty and it is very likely that warranty claims will be made, it should Select one: O only disclose the warranty coverage in the notes to its financial statements. O disclose the warranty coverage in the notes to its financial statements and accrue the cost. O neither disclose in the notes nor accrue the cost. O pay the amount estimated. Asset turnover measures Select one: O how often a company replaces its assets. O how efficiently a company uses its assets to generate sales. O the portion of the assets that have been financed by creditors. O the overall rate of return on assets
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