Fresh service, inc., offers to deliver produce to growers' market's customers for a certain price.

fresh's intent to extend a serious offer to growers' market is determined by reference to fresh's :

a. assumptions.

b. beliefs.

c. intentions.

d. words and conduct.

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.