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How many performance obligations does the department store

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Problem 1: A department store sells a television set that was a one-year warranty (quality-assurance) that covers any product defects. When customers purchase a TV set, they also have the option to purchase an extended three-year warranty that covers any breakage or maintenance. The extended warranty sells for the same amount regardless of whether it is purchased at the same time as the TV set or at some other time. How many performance obligations does the department store have?

Reference no: EM132940673

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