Posted On: 01/09/2016 9:58:52 PM
Post# of 96892
These arent the points - Money Guy agreed with me.
Sell 100.00 package, of which NTEK earns 20%
NTEK can spend the 20.00 that is theirs right away because sale is final.
NTEK has to protect and shelter the 80.00 owed to Provider and must pay to provider related to the movie at the time the movie is viewed
NTEK for income statement purposes may be required to recognize the income over the time period the movies are viewed.
NTEK may be able to take into income all balance of unused moneys after a significant time period expires allowing NTEK to claim that the account is cold and investment forgot.
Sell 100.00 package, of which NTEK earns 20%
NTEK can spend the 20.00 that is theirs right away because sale is final.
NTEK has to protect and shelter the 80.00 owed to Provider and must pay to provider related to the movie at the time the movie is viewed
NTEK for income statement purposes may be required to recognize the income over the time period the movies are viewed.
NTEK may be able to take into income all balance of unused moneys after a significant time period expires allowing NTEK to claim that the account is cold and investment forgot.
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