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Analysis of Deferred Revenue Padgett Corp. and Williams Inc. reported the following deferred revenue in their quarterly report over the past two fiscal years. a

Analysis of Deferred Revenue
Padgett Corp. and Williams Inc. reported the following deferred revenue in their quarterly report over the past two fiscal years.
a. Quantify the quarterly trend in deferred revenue for both companies.
Note: Round percentages to one digit after the decimal, if applicable. Enter 4.44% as 4.4% or 4.45% as 4.5%.
b. What is your assessment of each company's future revenue trends?
Padgett Corp's deferred revenue is
each quarter and at an
rate.
In contrast, Williams Inc. has seen its deferred revenue
over time.
Of the two, the revenue prospects are better for
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