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Dicks Sporting Goods selis dumbbeli sets to focal gyms and wacrants af of its products...

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Accounting

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Dicks Sporting Goods selis dumbbeli sets to focal gyms and wacrants af of its products for one year. Whice no dumbell sets sold in 202i have been returned yet; based upon prevous years, Oick's estimates that 3% of its products will need repalis or be replaced within the next yeat. What effect would this warranty have on assets, lablitibes, and stockholders equity in 2021? Mutple Choce, An increose in wockheleers equity and a deciebse in labities

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