If a company records $42.5m in Revenues for the year and the balances in Sales Discounts and Sales Returns are $2m and $1.5m respectively, what is the value of Net Revenue in millions? [ans 1] (If for example the answer is $54million enter 54) On December 23rd, 2019 Nike shipped goods to REI. The invoice was for $125,000 and specified FOB destination. The goods arrived at the REl retail store on January 2nd, 2020. Both Nike and REI have December 31 fiscal year ends. For 2019 Nike would record [Select] in Revenue because under FOB destination Revenue is recognized [Select] On December 23rd, 2019 Nike shipped goods to REI. The invoice was for $125,000 and specified FOB shipping point. The goods arrived at the REl retail store on January 2nd 2020. Both Nike and REI have December 31 fiscal year ends. For 2019 Nike would record [Select] in Revenue because under FOB shipping point Revenue is recognized (Select] REI purchases goods from Nike and on the invoices Nike specifies 4/10, n30. This means that REI will receive a [Select] discount if they pay within [Select] days, otherwise the entire invoice amount is due in (Select] days