Assessing revenue recognition timing

Explain when each of the following businesses fulfills the performance obligations implicit in the sales contract.

a. a clothing retailer like American eagle outfitters Inc.

b. a contract like Raytheon company that performs work under long term govemment contracts.

c. a grocery store like super value inc.

d. a producer of television shows like MTV that syndicates its content to television stations.

e. a residential real estate developer that constructs only speculative houses and later sells these houses and later sells the houses to buyers.

f. a banking institution like bank of america corp, that lends money for home mortgages

g. a manufacture like Harley-Davidson inc.

h. a publisher of magazines such as Time -warner Inc.