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Ryan's Friends Consider Him an Expert on Electronic Products

question 22

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Ryan's friends consider him an expert on electronic products.Ryan purchased quick read,one of the first electronic books launched by EasyTech Inc.years before any of his friends did.Ryan paid four times more for this product than they did.He wanted the benefits of an electronic book and was not concerned that his friends thought he was foolish to buy electronic reader when they first came out on the market.For EasyTech Inc. ,John is most likely to be classified as a(n) ________ customer.

Recognize the accounting treatment for sales of receivables with and without recourse.
Comprehend the characteristics and financial reporting of troubled debt restructuring.
Understand the role of factoring in financial management and its accounting treatment.
Comprehend the effects of consolidating securitization entities on a firm's financial statements.

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