Meadow brook manor would like to buy some additional land and build a new assisted living center. the anticipated total cost is $68,855,004. the ceo of the firm is quite conservative and will only do this when the company has sufficient funds to pay cash for 40% of the entire construction project. management has committed to save $2,300,000 per semiannual period. the firm earns 11.26% apr per year on the funds it saves. how many years does the company have to wait before expanding its operations? group of answer choices

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?