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Income statement data for Whirlpool industries from the company's 2019 financial statements follow Use these data to reformulate the income statement for 2017, 2017 and
Income statement data for Whirlpool industries from the company's 2019 financial statements follow Use these data to reformulate the income statement for 2017, 2017 and 2010 under the assumption warranty expense is a constant percentage of revenue across all three years Specifically compute the adjustments to warranty expense, income tax expense, and net income. The company state is 22 12 Months Andes millions) Dec 31, 2017 Dec 31, 2018 Dec 31, 2019 51.250 121.03 120.619 Way 33 30 Compute the average warranty expense to ne sales rate over the past three years Hound answer to two decimal places exc 0.02345 2.35) Using your rounded answer, compare the adjusted warranty expense for each year Use an average warranty expense to net sales rate of 1547 for your computations Round answers to one decimal place Use a negative sign to indicate if the adjustment decreases in account balance Income Statements Adjustments 2017 2018 2019 Austed warranty coense Actualwary pense nequited to wartawy expense pense He income Income statement data for Whirlpool industries from the company's 2019 financial statements follow Use these data to reformulate the income statement for 2017, 2017 and 2010 under the assumption warranty expense is a constant percentage of revenue across all three years Specifically compute the adjustments to warranty expense, income tax expense, and net income. The company state is 22 12 Months Andes millions) Dec 31, 2017 Dec 31, 2018 Dec 31, 2019 51.250 121.03 120.619 Way 33 30 Compute the average warranty expense to ne sales rate over the past three years Hound answer to two decimal places exc 0.02345 2.35) Using your rounded answer, compare the adjusted warranty expense for each year Use an average warranty expense to net sales rate of 1547 for your computations Round answers to one decimal place Use a negative sign to indicate if the adjustment decreases in account balance Income Statements Adjustments 2017 2018 2019 Austed warranty coense Actualwary pense nequited to wartawy expense pense He income
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