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How does your company account for sales returns

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Reference no: EM13341982

Footnote Review. Please answer the following question based on Footnote 1 in your company's 10-K. If specific questions do not apply to your company please include an explanation.

A. When does your company record revenue from the sale of merchandise or services?

B. How does your company account for sales returns?

C. What cost flow assumption (e.g., FIFO, LIFO, or average cost) does your company use to measure and report its merchandise inventories?

D. What method of depreciation does your company use for its property and equipment?

Reference no: EM13341982

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