ANSWERS TO QUESTIONS

13. The total selling price of the season tickets is $20,000,000 (10,000 X $2,000). Of this amount, $9,000,000 has been earned by 12/31/07 (18/40 X $20,000,000). ... “Treasury stock (at cost).” ... an analyst would need to develop a prediction of Deere’s cash flows over the next 5 years that would be used to repay a longer term loan. ................
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