Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
  1. If the seller is paid after delivery of goods or services and the time value of money is viewed as significant, the seller subsequently will recognize interest expense. true or false

2. If the time value of money is viewed as significant and the seller recognizes deferred revenue, the seller subsequently also will recognize interest expense. true or false

3. If a seller makes payments to a customer to purchase goods or services, and those payments are equal to the stand-alone selling prices of those goods or services, part of those payments are a refund to the customer. true or false

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