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Question 4 of 7 - 1 Chow Publuations Inc. is a publicly traded media company focused on products for the home chef market. The company
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Chow Publuations Inc. is a publicly traded media company focused on products for the home chef market. The company publishes a monthly magazine that can be purchased at newsstands and is available for annual subscriptions either paper copy or digital copyl.
Chow Publications sells annual subscriptions for $paper copies or $digital copies Subscriptions are paid in advance and are noncancellable. Chow sold for cash subscriptions on December of which were digital subscriptions.
Single issues can be purchased on newsstands. Chow Publications uses various magazine distributor across Canada to rackit at newsstands, charging the newstands $ per copy. Normally copies are sent out each month, with of these being returned unsold. Of the magazines sent out in December all were sold on account, and none of the returned magazines are expected to be resold and, as a result, are sent to recycling. Unsold nagazines are returned by newstands in the following month.
a
Determine how much revenue Chow Publications would be able to recognize in December Round the per magazine price to decimal places, es $ and final answers to decimal places, es
Revenue through subscriptions
Revenue other than through subscriptions
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