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Vera has a key supplier for her business that is facing cash flow problems that would impair Vera's ability to get shipments of key components
Vera has a key supplier for her business that is facing cash flow problems that would impair Vera's ability to get shipments of key components for her production. Vera made a $10,000 loan to the supplier. Unfortunately, the supplier filed for bankruptcy and has gone out of business without repaying Vera. What will Vera be able to recognize as a loss? (Points : 3) |
-0- $3,000 $7,000 $10,000
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