Complete the following table 2012 2013 2014 $80,000 (7) 91,800 28,200 Gross profit 25 Cash collections 2012 sales 2013 sales 2014 sales 10,000 50,000 45,000 25,000 20,000 Realized gross profit on installment sales 1,100 10,500 ...

The key to this solution is solving the gross profit percentage fo ...

Complete the following table. 2012 2013 2014 $80,000 (7) 91,800 28,200 Gross profit 25% Cash collections: 2012

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Complete the following table.

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Intermediate Accounting

ISBN: 978-0538479738

18th edition

Authors: Earl K. Stice, James D. Stice

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Question Posted: Nov 28, 2016 10:27 AM

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Complete the following table. 2012 2013 2014 $80,000 (7) 91,800 28,200 Gross profit 25% Cash collections: 2012

Question:

2012 2013 2014 $80,000 (7) 91,800 28,200 Gross profit 25% Cash collections: 2012 sales 2013 sales 2014 sales 10,000 50,000 45,000 25,000 20,000 Realized gross profit on installment sales. 1,100 10,500 .

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