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Google LLC is analyzing its revenue recognition policies for the quarter ending June 30, 20X9. The following data is provided: Sales Revenue Recognized: $120,000,000
Google LLC is analyzing its revenue recognition policies for the quarter ending June 30, 20X9.
The following data is provided:
● Sales Revenue Recognized: $120,000,000
● Deferred Revenue at the Beginning: $15,000,000
● Deferred Revenue at the End: [Calculation 6]
● Cash Collected from Customers: $100,000,000
Calculate the following:
a) Ending Deferred Revenue b) Recognized Revenue Ratio c) Deferred Revenue Turnover
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