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2. Under what circumstance will profit from an installment sale be recognized in full at the delivery date?
2. Under what circumstance will profit from an installment sale be recognized in full at the delivery date? 3. Under what circumstance would profit from an installment sale be recognized over time in proportion to the amount of cash collected as a fraction of the total sales price? 4. Company A grants customers the right to return products if not fully satisfied. Under what circumstance can Company A recognize revenue at the delivery date?