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Bb Microsoft V X Bb Assignmen X ion1 1/6 | .content.blackboardcdn.com/blackboard.learn.xythos.prod/57ad81e32112c/4837696?X-Blackboard-S3-B 1 Flip 95% + @ X Student name: 1) Which of the following would
Bb Microsoft V X Bb Assignmen X ion1 1/6 | .content.blackboardcdn.com/blackboard.learn.xythos.prod/57ad81e32112c/4837696?X-Blackboard-S3-B 1 Flip 95% + @ X Student name: 1) Which of the following would be included in Latimer Company's sales in 2022? A) Goods shipped from a supplier in 2022 with terms of FOB shipping point. Latimer received the goods in 2022. B) Goods shipped to customers in 2022 with terms of FOB destination. The customer received the goods in 2023. c) Goods shipped to customers in 2021 with terms of FOB destination. The customer received the goods in 2022. D) Goods shipped to customers in 2021 with terms of FOB shipping point. The customer received the goods in 2022. 2) Newark Company has provided the following information: Cash sales, $450,000 Credit sales, $1,350,000 Selling and administrative expenses, $330,000 Sales returns and allowances, $90,000 Bad debt expense, $33,000 Sales discounts, $43,000 Net income, $1,030,000 How much are Newark's net sales? A) $1,634,000. B) $1,800,000. C) $1
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