Use the Following Information to Answer the Next Three Questions

question 23

Multiple Choice

Use the following information to answer the next three questions.
Bruges Electronics Inc.offers one model of laptop computer for £1000 and a two-year warranty for £250.The retailer, as part of a Boxing Day promotion, offers a limited-time offer for the laptop, including delivery and the two-year warranty for £1,180.The cost of the computer to Bruges is £700.Any warranty repairs are assumed to be done ratably over time.Bruges accounts for transactions using the customer consideration model.
In the first twelve months following the sale, Bruges incurred £980 of costs servicing the computers under warranty.
-Bruges sells ten laptops to Brussels Inc.under the limited-time promotion.Upon delivery of the laptops to Brussels, Bruges will recognize revenue of

• A)£9,300.
• B)£9,440
• C)£10,000.
• D)£11,800.

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Definitions:

Violence Against

The use of physical force or power, threatened or actual, against another person, group, or community, resulting in injury, death, psychological harm, maldevelopment, or deprivation.

Licensing Board

An authoritative body responsible for overseeing and issuing licenses to individuals and businesses within certain professions, ensuring standards of practice are met.

Professional Letter

A formal piece of correspondence written in a standard format used for communication in professional settings.

Informal Note

A casual or unofficial piece of writing used for personal communication or reminders.