Franklin Corp sells. installs. and services telephone systems to businesses. Franklin includes two years of customer training and support as part of its sales contract. In a contract with a new customer who pays in full at the time of equipment installation. when would Franklin recognize revenue for the work under U. S. GAAP9

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?