Answer:
Under the installment sales method, the total contract price is $85,000
gain on the sale is $58,800 ( 85,000 + 15,000 - 40,000 - 1,200)
and the amount of gain reported in 2018 is $3,459.
Answer:
Money management skills are the abilities to control your spending and money and be able to prepare for the future.
Explanation:
by preparing for the future, I mean saving up your money while still using enough so you have food and clothes and other necessities. and by being able to control it, I mean not spending your money on useless things like a box chicken or fancy luxurious scissors.
Answer:
China chooses a level of tariffs to apply to American imports.
Answer:
Revenue could be of amount $33,836,000
Explanation:
As the selling price is not given in the question, only the cost of the inventory is given, So,
We assume that the Sales quantity is X and the Selling Price per unit be Y
Then,
Sales = X × Y ............... Equation (1)
Less : COSG = $33,836,000 ................ Equation (2)
Net Income = 1 - 2
If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.
Note: It totally depend or grounded on the Sales value.
Answer:
true the investors expect to earn on those funds