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The company has certain short-term (2-year) contracts where it recognizes revenue at the end of the contract. This is due to warranty clauses existing in
The company has certain short-term (2-year) contracts where it recognizes revenue at the end of the contract. This is due to warranty clauses existing in these contracts. Currently, if the company is able to split the revenue, it would have a positive 2 cent per share impact in the current fiscal year. How would the company be able to split the revenue recognition in such a way that the firm can show the 2 cents of earnings impact this year?
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