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The management of Hinrichs corporate is concerned because survey data suggest that many potential customers do not buy vehicles due to quality concerns it is considering taking the bold step of increasing the length of its warranty from the industry standard of 3 years up to an unprecedented 10 years in an effort to increase confidence in its quality you are a financial consultant for Hinrichs corporation discuss the business as well as accounting implications of this move to the management

Financial Management, Finance

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