Sleepwell LLC has entered into a contract to supply 50,000 units of sleeping mattes to customer on sale or return basis at OMR 60.each. The cost of making each sleeping mattress is 32 OMR. The term of sales provides three months to customer for the date of sale to return the items and get a full refund. The experience indicates that such customer tends to return back some items and it can be reliably estimated to be around 8% of such sold items are usually returned. find right of return assets. OMR 3,000,000 OMR 240,000 None of them OMR 128,000 Solve PC issues 1 important message total messages 03:43 EN

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sleepwell LLC has entered into a contract to supply 50,000 units of sleeping mattes to customer on sale or return basis at OMR
60 each. The cost of making each sleeping mattress is 32 OMR. The term of sales provides three months to customer for the date
of sale to return the items and get a full refund. The experience indicates that such customer tends to return back some items
and it can be reliably estimated to be around 8% of such sold items are usually returned. find right of return assets.
OMR 3,000,000
OMR 240,000
None of them
OMR 128,000
Solve PC issues 1 important messag
3 total messages
03:43
EN
Transcribed Image Text:Sleepwell LLC has entered into a contract to supply 50,000 units of sleeping mattes to customer on sale or return basis at OMR 60 each. The cost of making each sleeping mattress is 32 OMR. The term of sales provides three months to customer for the date of sale to return the items and get a full refund. The experience indicates that such customer tends to return back some items and it can be reliably estimated to be around 8% of such sold items are usually returned. find right of return assets. OMR 3,000,000 OMR 240,000 None of them OMR 128,000 Solve PC issues 1 important messag 3 total messages 03:43 EN
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