Tulane tires wrote a contract for a $110,000 sale to the new garden district tour company. tulane only anticipates a slightly greater than fifty percent chance that garden will be able to pay the amounts that tulane is entitled to receive under the contract. upon delivery of the tires, assuming no payment has yet been made by garden, how much revenue should tulane recognize under u. s. gaap?

1. gar principles or "the principles"are intended to do what? a. foster an awareness of the hierarchical structure of the organization b. explain the best method of implementing biometric security techniques c. foster an awareness of the importance of good employee training d. foster an awareness of getting upper level management on board in understanding the need to implement an ig program e. foster an awareness of good record keeping principles

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?