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player1234

04/16/23 10:09 AM

#48927 RE: Magnum7419 #48926

"what about how those trucks on Randy’s lot that’s all deferred revenue"
Possibly. Many have been there for quite a while so you have to ask why that hasn't shown up already in previous quarters. It may be that RM already owns them from the ELMs days so no further revenue is coming from them. Also, how many are there? Give an estimate and then do some quick calculations


"I always use your money when I gamble on these stocks"
If you say so. It appears that makes you feel better, so good for you.

Good luck to you also
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TenKay

04/16/23 11:20 AM

#48928 RE: Magnum7419 #48926

“What what about how those trucks on Randy’s lot that’s all deferred revenue.”

That is not what “Deferred Revenue” is under GAAP or frankly any accounting notion.

It’s inventory.

“Deferred Revenue” is something that has been paid for but not yet delivered and is carried as a liability on the balance sheet.