RE:Question(s) to the bright guys on this BB?A simple answer:
A promise of a order does accrue in sales reports.
It accrues in sales & profits when the product or service is delivered and billed.
If it is a service contract, it could be accrued if it is a service for immediate requirements and payment.
Good4You wrote: Would you consider this last $5MM contract as part of the Q3 input? With this contract have we now past the $11MM revenue for Q3? Anyone knows the profit on this $5MM contract? Still and only 5 market days remaining for Peter to add revenue on Q3! Still 20 market days for Peter to get his projected $54 MM (out of $65MM) signed contracts by October 16. Is Peter credible? We're about to know very soon! Good4You