1.Name a circumstances (using existing revenue guidance) in which a company selling a product subject to a customer right to return cannot recognize revenue at the time of sale.

2. in determining whether the equity method should be applied to an investment in common stock, an investor should consider whether it can exercise significant influence. Significance influence is characterized by certain quantitative factors (20% ownership) and qualitative factors. What are two of the qualitative factors an investor should consider?

3. what is the initial measurement objective when recording guarantees?