Accounting Issues - Discussed here, page-9

How do they deal with rejected videos? They get 35% up front for working capital. They spend that (or a large part?) getting a crew out to film a video. The customer rejects the video and declines to sign up. BIG keep the video and swap in a new customer to replace the declined one. But they don't get a new 35%, right? They need to cut another using what remains of the original 35%? So how many videos does one 35% cover?

Also, they say in the Answer Letter answers (chuckle), that the keep the video in the digital library and are working of future uses. So they attribute some value to it, even when declined by a customer. What possible value remains in a customer video that a customer doesn't want? And where are they accounting for the value of the declined video?