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Company Subscription Price Subscription Duration Revenue Recognition Time Warner Inc. $20 per year 2 years $10 per year How much revenue should Time Warner Inc.

Company

Subscription Price

Subscription Duration

Revenue Recognition

Time Warner Inc.

$20 per year

2 years

$10 per year

How much revenue should Time Warner Inc. defer annually for a magazine subscription priced at $20 per year for 2 years?

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