Starbucks Corporation is analyzing its revenue recognition policies for the quarter. The following

data is provided:

● Sales Revenue Recognized: $50,000,000

● Deferred Revenue at the Beginning: $5,000,000

● Deferred Revenue at the End: $7,000,000

● Cash Collected from Customers: $45,000,000

a) Calculate the Recognized Revenue Ratio. b) Determine the Deferred Revenue Turnover. c)

Compute the Cash Revenue Recognized. d) Analyze the Change in Deferred Revenue. e)

Evaluate the Impact on Net Income.