Coryell Company sells computers with a 6-month warranty. It is estimated that 2% of all units sold will need repairs under warranty at an estimated cost of $800 per unit. During January, the company sold 100,000 computers at $7,000 each, and 1,500 computers were turned in for repairs during that same month. The total actual repairs costs amounted to $740,000 from the computer parts inventory. The balance in the Estimated Warranty Liability Account on January 1, 2016 was $60,000. What is the balance in the Estimated Warranty Liability Account at the end of January 2016

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld