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Business, 17.03.2020 02:19 swallowcaroline11
Boomerang Computer Company sells computers with an unconditional right to return the computer if the customer is not satisfied. Boomerang has a long history selling these computers under this returns policy, and can provide precise estimates of the amount of returns associated with each sale. Boomerang most likely should recognize revenue:1 When Boomerang receives cash from the customer.2 When Boomerang delivers a computer to a customer.3 When a customer returns a computer.4 Never, because the right of return is unconditional.
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