Ez wheels corporation manufactures kick scooters. the company offers a one-year warranty on all scooters. during 2017, the company recorded net sales of $1,900 million. historically, about 4% of all sales are returned under warranty and the cost of repairing and or replacing goods under warranty is about 30% of retail value. assume that at the start of the year ez wheels’ balance sheet included an accrued warranty liability of $16.3 million and at the end of the year, the accrued warranty liability balance was $12.4 million. what was ez wheels corporation’s warranty expense for 2017? a. 12.4 million b. 22.8 million c. 76.0 million d. 26.7 million e. none of the above

B. 22.8 million

Explanation:

The computation of the warranty expense is shown below:

= Net sales × repairing or returning percentage × sales return percentage

= $1,900 million × 30% × 4%

= $22.8 million

All other items values which are given in the question is not relevant. Hence, ignored it

We simply multiply the net sales with the given percentage reflecting the sales return percentage and the repairing percentage

steering wheels are always situated on the left side of the car.

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it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation:

answer; personality;