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Name Question : Select the right answer and explain the reason behind your choice in less than 50 words Apex Consignment sell items wer the

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Name Question : Select the right answer and explain the reason behind your choice in less than 50 words Apex Consignment sell items wer the internet for indi.com Apex receive the item from the owner, lies them for sale on them, and a 25 percent commission for any items sold. Apes collect the follow from the buyer and pay the net amount after commission to the owner. Limo termine turned to the ne afer 90 days. During 2001. Apes had the following Tocal sales price of iets sold bring 2009 con 2.000.000 Tocal commission retained by Aper during 2009 for these is 00.000 How much should Apex report on its 2009 income A E500,000 B. 2,000,000 C. 1,500,000 Name Question : Select the right answer and explain the reason behind your choice in less than 50 words Apex Consignment sell items wer the internet for indi.com Apex receive the item from the owner, lies them for sale on them, and a 25 percent commission for any items sold. Apes collect the follow from the buyer and pay the net amount after commission to the owner. Limo termine turned to the ne afer 90 days. During 2001. Apes had the following Tocal sales price of iets sold bring 2009 con 2.000.000 Tocal commission retained by Aper during 2009 for these is 00.000 How much should Apex report on its 2009 income A E500,000 B. 2,000,000 C. 1,500,000

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