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During the Year,Core,Rupt,and Baroque,Inc

Question 47

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During the year,Core,Rupt,and Baroque,Inc.had sales revenue of $13,200.For each of the following ranges of estimates provided,indicate which percent is the more conservative choice.
a.Estimated sales returns range from 1 to 2% of total sales
b.Bad debts are expected to be between 1 and 2% of net sales
c.Estimated warranty costs are 1 to 2% of net sales
d.Straight-line depreciation rate could be 10% or 20% for its buildings

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a.2%,b.2%,...

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