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4. When American Airlines overbooks its flights, it asks volunteers to give up their seats in exchange for rebooking on the next flight and a
4. When American Airlines overbooks its flights, it asks volunteers to give up their seats in exchange for rebooking on the next flight and a $400 voucher to be used at a later date. How much revenue would American recognize the revenue for the original flight that was purchased and when would it recognize that revenue? What else is American required to do when the voucher is issued?
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