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Required: 0n the basis of the case facts, should the Company (Stanley 8.: Sons Inc.) record revenue from the arrangement on a gross or net

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Required: 0n the basis of the case facts, should the Company (Stanley 8.: Sons Inc.) record revenue from the arrangement on a gross or net basis? Provide an analysis supporting your conclusion based on US GAAP (section 606). Provide proper references from FASB Codification in proper form such as: ASC 350-20-35-3 or ASC45020252. Provide proper references from IFRS in proper form, such as: [A5 10, para. 6 or IFRS 13, para. 8

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