Explain when each of the following businesses should recognize revenues; A clothing retailer like American Eagle Outfitters, Inc. A contractor like Boeing Company that performs work under long-term government contracts. A grocery store like Supervalu Inc. A producer of television shows like MTV that syndicates its content to television stations. A residential real estate developer that constructs only speculative houses and later sells these houses to buyers. A banking institution like Bank of America Corp. that lends money for home mortgages. A manufacturer like Harley-Davidson Inc. A publisher of magazines such as Time-Warner Inc