Wildhorse Company is involved in the design, manufacture, and installation of various types of wood products for
Question:
Wildhorse Company is involved in the design, manufacture, and installation of various types of wood products for large construction projects. Wildhorse recently completed a large contract for Stadium Inc., which consisted of building 35 different types of concession counters for a new soccer arena under construction. The terms of the contract are that upon completion of the counters, Stadium would pay $2,262,000. Unfortunately, due to the depressed economy, the completion of the new soccer arena is now delayed. Stadium has therefore asked Wildhorse to hold the counters for 2 months at its manufacturing plant until the arena is completed. Stadium acknowledges in writing that it ordered the counters and that they now have ownership. The time that Wildhorse Com