Question: Cost Recovery Analysis Hatch Enterprises uses the cost recovery method for all installment sales. Complete the followingtable. 5 2010 2011 2012 $92,000 $103,000 Installment sales

Cost Recovery Analysis Hatch Enterprises uses the cost recovery method for all installment sales. Complete the followingtable.

5 2010 2011 2012 $92,000 $103,000 Installment sales Cost of installment sales Gross profit percentage Cash collections: 62,830 74,750 35% 2,200 43.450 36% 48,300 36,600 27,200 2010 sales 2011 sales 2012 sales 9,250 Realized gross profit on installment sales

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2010 2011 2012 Installment sales 92000 103000 115000 Cost of installment sales 58880 62830 74750 Gro... View full answer

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