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If a company fails to record estimated warranty costs, what will be the effect on the current ratio? a. It will vanish b. It wil
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If a company fails to record estimated warranty costs, what will be the effect on the current ratio?
a. It will vanish
b. It wil be overstated
c. It wil be unchanged
d. It will be understated
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
