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Essay

Revenue Recognition Associated with Frequent Flier Miles

Essay specific features

 

Issue:

Business

 

Written by:

Bertha N

 

Date added:

January 8, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 362

 

Was viewed:

5860 times

 

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Essay content:

Revenue may have not been earned at time of recognition. UAL (United): Revenue is recognized when the credits are sold • Revenue has been realized, but not yet earned as the service has not been provided Delta Airlines: Revenue is recognized as operating revenue at time of sale • This is not part of operating revenue as it is not the primary line of business...
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1091 12.9% Total Costs and Expenses 4 0.0% Net Loss 222 75.8% d.) The revisions were made on June 28, 2002. According to the stock chart, trading activity increased with a higher volume end of June/beginning of July. The stock price dropped substantially also. This shows investors reacted negatively to the news...
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