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On a recent trip to Paris, yong met a street vendor who wanted to sell watches with the colours of various French football teams. She
On a recent trip to Paris, yong met a street vendor who wanted to sell watches with the colours of various French football teams. She paid $3000 to Yong in advance for the watches and promised him another $1000 after she sells them. He did agree to take them back within two months if she found she could not sell them. This is a brand new market for Yong so he is willing to take the risk in the hopes it will pay off. Yong shipped her all the watches 3 days ago. How much revenue should he record?
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