Brooke's Bike Company sold 225 mountain bikes in October. The ...

[Lisaclaire]

Brooke's Bike Company sold 225 mountain bikes in October. The future estimated warranty cost for the bikes is 25 per bike. The warranty period is one year. The amount of warranty expense for October is 468.75
 
  Indicate whether the statement is true or false

Question 2

To a seller, cash discounts are considered the same as sales discounts.
 a. True
   b. False
   Indicate whether the statement is true or false

[Gabe]

Answer to Question 1

FALSE

Answer to Question 2

True

[Lisaclaire]

Thanks for the timely response, appreciate it

[lkanara2]

Excellent