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13. Revenue recognition in the Xerox case called for determining the stand-along selling price for each of the deliverables and using it to separate out
13. Revenue recognition in the Xerox case called for determining the stand-along selling price for each of the deliverables and using it to separate out the revenue amounts. Why do you think it is important to separate out the selling prices of each element of a bundled transaction? How do thse considerations relate to what Xerox did to mange its earnings? Do you think the new revenues recognition standard will change the criteria in accounting for transactions like at Xerox?
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