Multiple Choice
Neakanie Industries sells specialized mountain bikes.Each specialized bike purchased includes free maintenance service for 12 months.The price of the specialized bike is $1,000.When sold separately,a maintenance contract is $200 and a comparable but non-specialized bike is $600.If Neakanie sold 3 bikes on December 1,how much total revenue would the company recognize on December 31?
A) $2,937.50.
B) $2,250.00.
C) $2,312.50.
D) $250.00.
Correct Answer:
Verified
Correct Answer:
Verified
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