Business, 26.02.2020 04:32 losalobos46
Reliable Enterprises sells distressed merchandise on extended credit terms. Collections on these sales are not reasonably assured, and bad debt losses cannot be reasonably predicted. It is unlikely that repossessed merchandise is in condition to be re-sold. Therefore, Reliable uses the cost recovery method. Merchandise costing $32,500 was sold for $55,500 in 2017. Collections on this sale were $21,900 in 2017, $14,400 in 2018, and $19,200 in 2019. In 2019, Reliable would recognize gross profit of:
Answers: 2
Business, 22.06.2019 07:50
The questions of economics address which of the following ? check all that apply
Answers: 3
Business, 23.06.2019 11:30
When balancing wheels with either dynamic or road force balancers, technician a says it is really important to follow the instructions provided with the particular balancer you're using. technician b says that when rebalancing a wheel, if it is out of balance, it is best to remove the old weights and recheck the balance before adding new weights. who is correct?
Answers: 2
Business, 23.06.2019 12:40
Intoxicated and not aware of the consequences, umberto agrees to a two-year cell-phone service contract with wander talk, inc., at more than the average market price. this contract is not enforceable because the contract clearly favors wander talk. not enforceable because umberto was intoxicated enough to lack mental capacity when he agreed to it. not enforceable because contracting parties can change their minds. enforceable.
Answers: 3
Reliable Enterprises sells distressed merchandise on extended credit terms. Collections on these sal...
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