On April 1, Garcia Publishing Company received $1,548 from Otisco, Inc. for 36-month subscriptions to several different magazines. The subscriptions started immediately. What is the amount of revenue that should be recorded by Otisco Publishing Company for the first year of the subscription assuming the company uses a calendar-year reporting period?
A. $516.
B. $387.
C. $0.
D. $430.
E. $129.
Answer: B
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Fill in the blank(s) with the appropriate word(s).
The 1934 Securities Exchange Act regulates the conduct of brokerage companies, but not publicly traded companies
Indicate whether the statement is true or false