Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Microsoft extended the warranty on its x-box 360 video game console and said it will take a charge of more than $1 billion to pay for "anticipated costs." Under the new warranty, Microsoft willl pay for shipping and repairs for three years, worldwide, for consoles afflicted with what gamers call "the red ring of death." Previously, the warranty expired after a year for U.S. customers and two years for Europeans. The charge will be $1.05 billion to $1.15 billion for the quarter ended June 30. Microsoft reports its fourth-quarter results by July 19.
The Question is as follows: When the announcement was made, it was stated that either a high number of x-box 360's will fail or the company is being overly conservative in its warranty estimate. From an accounting standpoint, what will Microsoft do in the future if the estimate of future repairs is overly conservative (too high)?
our book distribution division sells to national bookstores. our division allows for up to 25 of sales in returns. for
kelly company had cash receipts from customers in 2014 of 147400. cash payments for operating expenses were 97320.
computer-assisted substantive tests for inventory brown cpa is auditing the financial statements of big z wholesaling
randall company is a merchandising company that sells a single product. the companys inventories production and sales
the mixing department has 20000 units and 52000 in costs for which account of the 20000 unit 15000 were completed and
everett dockside company had net operating income of 1555000 and average operating assets of 5000000. the company
liberty celebrations inc. manufactures a line of flags. the annual demand for its flag display is estimated to be
Under the economic entity concept, which of the following statements is true?
kazaam company a merchandiser recently completed its calendar-year 2011 operations. for the yearall sales are credit
at its present level of operations a small manufacturing firm has total variable costs equal to 65 of sales and total
dicenta corporation reported net income of 283000 in 2012 and had 50000 shares of common stock outstanding throughout
joan 45 years old and unmarried contributed 1200 monthly in 2011 to the support of her parents household. the parents
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd