1ll 0oth years? mousand tn 2014. Can we EXERCISES . Assessing Revenue Recognition Timing E5.31. Explain when each of the following businesses fulfils the performance obligations implicit in the sales A LO contract. A clothing retailer like American Eagle Outfitters Inc. a. A contractor like Boeing Company that performs work under long-term government contracts. c. A grocery store like Supervalu Inc. d. A pr e. A residential real estate developer that constructs only speculative houses and later sells these houses su oducer of television shows like MTV that syndicates its content to television stations. A to buyers. f. A banking institution like Bank of America Corp. that lends money for home mortgages. g. A manufacturer like Harley-Davidson Inc. h. A publisher of magazines such as Time-Warner Inc