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Question 15 (1 point) Worst Buy Inc. sells electronic appliances on an instalment plan. Suppose it sells a washing machine to Mr. Kim for $2,000
Question 15 (1 point) Worst Buy Inc. sells electronic appliances on an instalment plan. Suppose it sells a washing machine to Mr. Kim for $2,000 with down payment of $1,100 and instalment payments of $300, $300, and $300. The cost of the washing machine was $800. Determine the closest amount of deferred gross profit remains after the down payment under the instalment method: $540 $100 $660
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