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Exercise 9-6 (Algo) Calculate earned revenues LO 1 ts Kirkland Theater sells season tickets for six events at a price of $86. In pricing the
Exercise 9-6 (Algo) Calculate earned revenues LO 1 ts Kirkland Theater sells season tickets for six events at a price of $86. In pricing the tickets, the planners assigned the leadoff event a value of $22 because the program was an expensive symphony Orchestra. The last five events were priced equally: 1010 season tickets were sold for the 2016 season Required: .. Calculate the theater's earned revenue after the first three events have been presented (Do not round Intermediate calculations.) 03:42:15 eBook Revenue earned print References b. About 96% of the season ticket holders attended the first event. Subsequent events were attended by about 76% of the season ticket holders. Would the attendance data impact revenue recognition? Yes No
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