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Case 16-2c: The Cable Guys Page 1 Case 16-2 The Cable Guys CoAx (the "Company"), a publicly traded company, manufactures and sells coaxial and...

Is it appropriate for CoAx to recognize revenue associated with Transaction 1 before the date on which CableCo takes delivery of the 1,000 feet of 18 AWG coaxial cable?

• Is it appropriate to recognize revenue upon transfer of the inventory to the carrier in Transaction 2?

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