ANSWERS TO QUESTIONS

The total selling price of the season tickets is $20,000,000 (10,000 X $2,000). Of this amount, $9,000,000 has been earned by 12/31/07 (18/40 X $20,000,000). ... This information should help users make more accurate predictions of future cash flow. In addition, some individuals have expressed concern about the quality of the earnings because ... ................
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