ABC Company is holding goods with a selling price of $100,000 which cost them $60,000. On December 3, 2017, ABC sold the goods to Timmons under a bill-and-hold arrangement. At the end of 2017, ABC still holds the goods. How much revenue should ABC recognize for 2017?
A) $100,000
B) $60,000
C) $40,000
D) $0
Answer: D
Business
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At the end of 2015, Nico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Nico's realized holding period return? What was Nico's compound annual rate of return? Explain the difference?
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Indicate whether the statement is true or false
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