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d) As an analyst following Peachpit, you notice that over the past 4 quarters Sales Revenue has been steadily increasing but the balance in Unearned
d) As an analyst following Peachpit, you notice that over the past 4 quarters Sales Revenue has been steadily increasing but the balance in Unearned Revenue has been steadily decreasing. What are the two possible reasons for this phenomenon? Why are both of these reasons of concern to the analyst? e) How would you track Peachpit's adjusted (or true) revenues
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