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In its annual report, American Eagle Outfitters states that its e-commerce operation records revenue upon the estimated customer receipt date of the merchandise. Required: 1.
In its annual report, American Eagle Outfitters states that its "e-commerce operation records revenue upon the estimated customer receipt date of the merchandise." Required: 1. Is this FOB shipping point or FOB destination? FOB shipping point FOB destination 2. If American Eagle were to change to the other terms of shipment, would it report its Sales Revenues earlier or later? Earlier Later Step by Step Solution
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Business Accounting Uk Gaap Volume 2
Authors: Alan Sangster, Frank Wood
1st Edition
0273718800, 9780273718802
