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    Intermediate Accounting Reporting and Analysis
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    Exam 17: Advanced Issues in Revenue Recognition
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    Exhibit 17-4 the Following Information Is Provided for Fort Myers
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Exhibit 17-4 the Following Information Is Provided for Fort Myers

Question 17

Question 17

Multiple Choice

Exhibit 17-4 The following information is provided for Fort Myers Company: Exhibit 17-4 The following information is provided for Fort Myers Company:    Fort Myers used the installment sales method. -Refer to Exhibit 17-4. How much gross profit did Fort Myers Company report in 2015? A)  $1,300 B)  $1,500 C)  $1,700 D)  $2,000
Fort Myers used the installment sales method.
-Refer to Exhibit 17-4. How much gross profit did Fort Myers Company report in 2015?


A) $1,300
B) $1,500
C) $1,700
D) $2,000

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