Question: XYZ Company has manufactured a new product that will be
XYZ Company has manufactured a new product that will be marketed and sold during the current year. To encourage distributors to carry the product, XYZ will not require payment until the distributor receives the final payment from its customers. This is not a normal business practice for XYZ Company. Should XYZ record revenue of the new product upon delivery to its distributors? Why or why not?
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