Analyzing Revenue and Deferred Revenue

Adobe Inc. reported the following income statement and balance sheet items in their recent $10-$K$.$

Notes to the company's $10-$K provide the following additional information relating to its deferred revenue.

a$.$ Adobe reports three types of revenue on the income statement. Deferred revenue is related to which type of revenue?

Subscription

b$.$ Determine the total deferred revenue in $ millions and as a percentage of subscription revenue for each year.

Note: Round answers to the nearest dollar, if applicable.

c$.$ True or false: Deferred revenue has increased steadily over the three$-$year period which is of concern to analysts because higher liabilities generally indicate weaker financial position.

d$.$ Use the information about Trade receivables and Total deferred revenue to calculate the cash that Adobe received from its customers during the current fiscal year.

$