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Your audit firm has a new client in the cable television industry. The audit partner, Dan, has asked you to find out whether the client
Your audit firm has a new client in the cable television industry. The audit partner, Dan, has asked you to find out whether the client can recognize revenue (under currently effective revenue guidance) immediately for hookup services provided to new customers. Assume that the clients hookup revenues generally approximate $75 per customer, and related direct selling costs generally amount to approximately $10 per customer. Draft an email to Dan, responding to this question.
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