Marshland,Inc

question 29

Multiple Choice

Marshland,Inc.had the following consignment transactions during December: No sales of consigned goods were made through December 31.Marshland's December 31 balance sheet should include consigned inventory at

• A) $18,900.
• B) $18,000.
• C) $12,500.
• D) $12,000.

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Definitions:

Radio

A technology that uses radio waves to transmit information, such as sound, by modulating properties of electromagnetic energy through space.

Satellite

A satellite is an artificial body placed in orbit around the earth or another planet to collect information or for communication.

Microwave

An electromagnetic wave with a wavelength in the range of 1 meter to 1 millimeter; also, a kitchen appliance that cooks food using microwave radiation.

Fiber

Refers to materials, usually threads or filaments, that are significantly longer than they are wide and used in the making of textiles, or to dietary material containing substances such as cellulose, lignin, and pectin, which are resistant to the action of digestive enzymes.