Question: asap Question 2 View Policies Current Attempt in Progress On June 1, Freedom Distributions (FD) shipped 100 TVs to Universal TV (UTV) on consignment. FD
Question 2 View Policies Current Attempt in Progress On June 1, Freedom Distributions (FD) shipped 100 TVs to Universal TV (UTV) on consignment. FD buys these TV from their supplier for $600 each and UTV then retalls them for $1,200 each. By the end of June, UTV reported that they had sold 60 of these consigned TVs, retains a 10% commission, and remitted the appropriate amount to FD. How much revenue should be recorded by FD in connection with this transaction? $72.000 $36,000 $60,000 $48,000 Attempts: 0 of 1 used Submit Answer Assignment sent to Gradebook Your rade is being recorded Tut, Jun 30, 2020 12 2135 PM America/Los Angeles 07.00) Next >
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