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Fremont Inc

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Fremont Inc. made a $25,000 sale on account with the following terms: 2/15, n/30. If the company uses the net method to record sales made on credit, how much should be recorded as revenue? $25,500 $24,500 $25,000 None of these are correct Question 14 3 pts River Co. has the following data related to an item of inventory: Inventory, March 1 400 units @ $2.10 Purchase, March 7 1,400 units @ $2.20 Purchase, March 16 280 units @ $2.25 Inventory, March 31 520 units The value assigned to ending inventory if River uses FIFO is $1,104 O $1,092 $1.246 O $1.158