Question
4.McDonalds sells goods to BK for $500,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6
4.McDonalds sells goods to BK for $500,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 months later. The present value of the future payments is $464,000. How much revenue would McDonalds recognize at the point of sale?
Select one:
a.$250,000
b.$0
c.$464,000
d.$500,000
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Cyber Security Auditing Assurance And Awareness Through CSAM And CATRAM
Authors: Regner Sabillon
1st Edition
1799856097, 978-1799856092
