Which of the following would be an example of conservative accounting? Multiple Choice O Estimating warranty costs to be 4% of sales instead of 9% of sales. Estimating the percentage of bad debts as 6% of accounts receivable instead of 10% of accounts receivable. Estimating that none of the inventory has a market value below cost rather than estimating that some inventory has a market value below cost. Assessing the probability of a contingent liability as probable. In calculating the issue price of a bond, the portion associated with the periodic interest payments is calculated using which time value factor? Multiple Choice Future value of $1. Present value of $1. Future value of an ordinary annuity of $1. Present value of an ordinary annuity of S1