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Your company produces a health magazine. Its sales data for 1-year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End
Your company produces a health magazine. Its sales data for 1-year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End 2020 $300,000 50 2021 $647,000 55 Given the above information, how much revenue would be shown on the Company's January to December 2021 Income Statement? Note the Company's 1st year of operation was 2020. $640,850 $505,850 $347,000 $647,000
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
