Why do some manufacturing companies offer extended warranties to their customers if they must record a liability

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Why do some manufacturing companies offer extended warranties to their customers if they must record a liability on their Balance Sheet for these warranties?

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Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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Posted Date: Apr 20, 2024 04:37 AM

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Why do some manufacturing companies offer extended warranties to their customers if they must record a liability

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Manufacturing companies offer extended warranties to their customers for several reasons despite the fact that they must record a liability on their b... View the full answer

Financial Accounting

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