a. Why is revenue recognition important to understanding cash flow in a business?
b. Using Starbucks 2019 10-k, search through the document looking for the search term “revenue recognition.” Connect what you find to your response in part a – describe what you have learned about how they recognize revenue and how that impacts their cash flow.
Make sure you include and use a minimum of two peer-reviewed, academic, or business resources, plus the textbook in your paper.