Hatch Enterprises uses the cost recovery method for all installment sales Complete the following table 2012 2013 2014 Installment sales $92,000 $103,000 62,830 74,750 36 35 Cash collections 48,300 2012 sales 2013 sales 2014 sales 27,200 12,200 36,600 43,450 Realized gross profit on installment sale...

2012 2013 2014 Installment sales 92000 103000 115000 Cost of installment sales 58880 62830 74750 Gro ...

Hatch Enterprises uses the cost recovery method for all installment sales. Complete the following table. 2012 2013

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Hatch Enterprises uses the cost recovery method for all installment sales. Complete the following table.

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Intermediate Accounting

ISBN: 978-0538479738

18th edition

Authors: Earl K. Stice, James D. Stice

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Question Posted: Nov 28, 2016 10:27 AM

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Hatch Enterprises uses the cost recovery method for all installment sales. Complete the following table. 2012 2013

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2012 2013 2014 Installment sales $92,000 $103,000 62,830 74,750 36% 35% Cash collections: 48,300 2012 sales. ...__ _ . 2013 sales. 2014 sales... 27,200 12,200 36,600 43,450 Realized gross profit on installment sales.. 19,250

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