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Ace Appliances Sells Dishwashers with a 3-Year Warranty

question 29

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Ace Appliances sells dishwashers with a 3-year warranty.In 2013,there are $90,000 of sales revenues for dishwashers.The company estimates warranty expense at 3% of revenues.What is the 2013 warranty expense?

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Definitions:

Proposition

An offered or suggested plan or idea for consideration or action.

Hypothetical Proposition

A statement or proposition that is based on hypothesis rather than fact, typically used to explore potential outcomes.

Consequent

The outcome or result following a condition in a conditional statement in logic.

Standard Form

A recognized format for structuring arguments, mathematical equations, or documents according to established norms.

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