Title: Revenue Recognition Associated with Frequent Flier Miles
|Date:||April 9, 2015|
|Length:||2 / 362|
|No of views:||0|
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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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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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