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These excerpts taken from the ROST 10-K filed Mar 31, 2009. Revenue recognition.
The Company recognizes revenue at the
point of sale and maintains an allowance for estimated future returns. Sales of
gift cards are deferred until they are redeemed for the purchase of Company
merchandise. Sales tax collected is not recognized as revenue and is included in
accrued expenses and other.
33 Revenue recognition. The Company recognizes revenue at the point of sale and maintains an allowance for estimated future returns. Sales of gift cards are deferred until they are redeemed for the purchase of Company merchandise. Sales tax collected is not recognized as revenue and is included in accrued expenses and other. 33 | ||||||||||
These excerpts taken from the ROST 10-K filed Apr 1, 2008. Revenue
recognition. The Company recognizes
revenue at the point of sale, net of actual returns, and maintains an allowance
for estimated future returns. Sales of gift cards are deferred until they are
redeemed for the purchase of Company merchandise. Sales tax collected is not
recognized as revenue and is included in accrued expenses and other.
35 Revenue recognition. The Company recognizes revenue at the point of sale, net of actual returns, and maintains an allowance for estimated future returns. Sales of gift cards are deferred until they are redeemed for the purchase of Company merchandise. Sales tax collected is not recognized as revenue and is included in accrued expenses and other. 35 | ||||||||||
This excerpt taken from the ROST 10-K filed Apr 3, 2007. Revenue recognition. The Company recognizes revenue at the point of sale, net of actual returns, and maintains an allowance for estimated future returns. Sales of gift certificates and gift cards are deferred until they are redeemed for the purchase of Company merchandise. Sales tax collected is not recognized as revenue and is included in accrued expenses and other.
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