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countrmike

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countrmike

Re: coolerheadsprevail post# 18666

Tuesday, 07/08/2014 12:14:56 PM

Tuesday, July 08, 2014 12:14:56 PM

Post# of 24848
I totally disagree with you. (2A) "What this disclosure tells us is that (i) SCRC records revenues when orders are shipped".... Receiving an approved ORDER does not qualify for revenue recognition. SHIPMENT only qualifies for revenue recognition.

This is why companies have an Order Backlog.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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