Reference no: EM131498139
Case: Biovail Corporation: Revenue Recognition and FOB Sales Accounting (critical essay)
Read the Biovail Corporation: Revenue Recognition and FOB Sales Accounting case study and write a 5- to 6-page paper that addresses the following:
• How many truckloads are actually required to carry $10 million of products? Show your calculations.
• How should the company recognize revenue based upon the two possible FOB contract structures mentioned in the case? Why?
• How does the accident impact the stated revenues under the different FOB contract structures?
• Are you concerned about the company's treatment of analysts who cover the stock? Would you want to be an analyst covering this company? Why?
Include a description of your approach to the issues and your solutions to the problems described in the case.
Your paper should meet the following requirements:
• 5 to 6 pages in length, not including title and reference pages
• Formatted according to the CSU-Global Guide to Writing and APA Requirements
• Include at least 3 credible outside reference sources
Reference for this Critical Thinking Assignment:
Chapman, C.J. (2009). Biovail Corporation: Revenue recognition and FOB sales accounting. HBS No. 4011-HCB. Boston, MA: Harvard Business School Publishing.
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