Which of the following statements about sinking fund is true? Sinking funds are designed to protect bondholders, so it never hurts the bondholders in any situations. A company would use sinking fund for open market purchase of bond if the interest rate is much higher than its coupon rate. A company would prefer to use sinking fund to call bond if bond sells at a big discount.

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

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Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?