Description of this paper

A publicly-traded company manufactures and sells exclusive beauty products

Description

solution


Question

Question;A publicly-traded company manufactures and sells exclusive beauty products in it's own stores. It introduced a spa service in it's stores which has been a success in the third quarter of fiscal 2013. As a result the total revenue increased by 20% ($6000). Since the spa is a NEW REVENUE SOURCE, does the company have to report the spa's sales revenue separately from beauty products revenue?

 

Paper#40847 | Written in 18-Jul-2015

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