Business, 12.11.2019 00:31 reginaldboyd28
In 2017, a major drug company agreed to give a not-for-profit private college $420,000 to perform testing of a new drug. an advance payment of $335,000 was received in 2017. the college was to receive $1,500 per individual test. in 2017, the college completed 130 tests. how much revenue should the college report for 2017?
a) $ 195,000
b) $ 200,000
c) $ 335,000
d) $ 420,000
Answers: 2
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In 2017, a major drug company agreed to give a not-for-profit private college $420,000 to perform te...
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