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What is total revenue for cvs on respective income statement

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Reference no: EM13884515

Comparison Analysis: Revenue Recognition

Business Application- Refer to the financial statements of CVs and southwest Airlines Co. in the Supplement. What is the total revenue for CVS and Southwest on the respective income statements? How do you think the nature of each business will affect revenue recognition for prescriptions filled for CVS versus airline tickets for Southwest? When do you think cash is received and revenues are earned for each company?

Reference no: EM13884515

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