E-waste is particularly difficult to address because of: the complexity of the modern value chain. the complexity of the modern value chain. environmental advocates being appointed to influential positions on company boards. environmental advocates being appointed to influential positions on company boards. morals and ethics that dictate firms to put principles above profits. morals and ethics that dictate firms to put principles above profits. multiple international agencies like the Fair Factories Clearinghouse.

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?