Question
Holmgren Seafoods, Inc, cotches and processes salmon and tuna cought off the coast of Maine. In May 20x6. It placed 100 freshly caught wild salmon
Holmgren Seafoods, Inc, cotches and processes salmon and tuna cought off the coast of Maine. In May 20x6. It placed 100 freshly caught wild salmon with a retail price of P75 each in Joe's Fish Shop, Holmgren's contract with the shop stipulates that the shop will earn a 15% commission on each salmon sold. Joe's is responsible for purchasing any fish that remain unsold at the end of a three-day period. During the three-day period, Joe's Fish Shop was able to sell 88 of the 100 salmon. How much revenue should Holmgren recognize with respect to this transaction?
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