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2 years ago

Presented below are three revenue recognition situations.

Business

1 answer:

Digiron [165]2 years ago

3 0

Answer:

Explanation:

The transaction price in each case would be shown below:

(A) Transaction price - $900,000 and the revenue is recognized at the point of sale or on the date when the sale is made

(B) Transaction price - $720,000 and the revenue is recognized at the point of sale or on the date when the sale is made

(C) Transaction price - Present value should be transaction price i.e $417,600 and the remaining amount $32,400 ($450,000 - $417,600) would be recognized over the 24 months i.e 18 months + 6 months

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Rebecca is the office manager for a medium-sized production company. She writes to her boss asking if one of the office assistan

Alenkasestr [34]

Answer:

Common-ground persuasion technique

Explanation:

A common-ground persuasion technique is a technique aimed at improving interpersonal relationships. Like the word, common ground means establishing agreement on certain ideas or points in other to ensure that relationships between individuals are stable and problem free.

In the case of Rebecca, she has used the common-ground persuasion technique to ensure that her boss accepts her suggestion that one of the office assistants take on the responsibility of completing the sales report. By carefully outlining more disadvantages of her taking up the responsibility, her boss will most likely agree to her suggestion.

Cheers.

8 0

2 years ago

Suppose that the weekly price of milk is $3.40 per gallon and MPEP decides to ramp up weekly advertising by 35 percent to $150 (

nadezda [96]

Answer:

Total Cost increase 5,253.4 unit

Explanation:

given data

weekly price a = $3.40 per gallon

ramp up weekly b = 35%

ramp up weekly upto x = $150( in hundred)

solution

we will use here the regression equation that is

Y = a + b x ...........................1

here Y is Total Cost and a is fixed cost and

b is rate of variability and x is level of activity

so here put value in equation 1 we get

Total Cost Y = 3.40 + 0.35 × ( 15,000)

Total Cost Y = 3.40 + 5,250

Total Cost increase 5,253.4 unit

7 0

1 year ago

You made an investment of $12,000 into an account that paid you an annual interest rate of 3.5 percent for the first 5 years and

Whitepunk [10]

Answer:

interest rate r = 6.78 %

Explanation:

given data

investment = $12,000

interest rate = 3.5 percent = 0.035

time = 5 year

interest rate = 7.9 percent = 0.079

time = next 15 year

to find out

What was your annual rate of return over the entire 20 years

solution

we get here interest rate as

interest rate r = $[(1+r)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$ ...................1

here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate

now put here value we get

interest rate r = $[(1+)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$

interest rate r = $[(1+0.035)^{5} * (1+0.079)^{15}]^{\frac{1}{5+15}} - 1$

interest rate r = 1.0678 - 1

interest rate r = 0.0678

interest rate r = 6.78 %

4 0

2 years ago

A monopolistic seller of rare oriental rugs discovers that 60% of the population is willing to pay $1,000 for a rug. The remaini

____ [38]

Answer:

Option "D" is the correct answer to the following statement.

Explanation:

In this situation seller is a monopolist, he would charge the highest amount for his Goods or service, 40% of the total population will pay $2,000 for particular goods and services.

He is a monopolistic seller, so people will have to buy and Consume particular goods from him.

Profit For each beg should be highest if he sells his item at $2,000 each

Total Profit = Sales price - Cost

= $2,000 - $600

= $1,400

4 0

2 years ago

The participants in a television quiz show are picked from a large pool of applicants with approximately equal numbers of men an

IgorLugansk [536]

Answer:

a) $P(X \leq 2)= P(X=0)+P(X=1)+P(X=2)$

$P(X=0)=(11C0)(0.5)^0 (1-0.5)^{11-0}=0.00049$

$P(X=1)=(11C0)(0.5)^1 (1-0.5)^{11-1}=0.0054$

$P(X=2)=(11C0)(0.5)^2 (1-0.5)^{11-2}=0.027$

And adding we got:

$P(X \leq 2)= 0.033$

b) $P(X \geq 2)= 1-P(X$

And replacing we got:

$P(X \geq 2)= =1-[0.00049 +0.0054] = 0.994$

c) $P(X \leq 1)= 1-P(X$

And replacing we got:

$P(X \leq 1)=0.00049 +0.0054= 0.0059$

Explanation:

Previous concepts

The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".

Solution to the problem

Let X the random variable of interest "number of women", on this case we now that:

$X \sim Binom(n=11, p=0.5)$

The probability mass function for the Binomial distribution is given as:

$P(X)=(nCx)(p)^x (1-p)^{n-x}$

Where (nCx) means combinatory and it's given by this formula:

$nCx=\frac{n!}{(n-x)! x!}$

Part a

For this case we want to find this probability:

$P(X \leq 2)= P(X=0)+P(X=1)+P(X=2)$

$P(X=0)=(11C0)(0.5)^0 (1-0.5)^{11-0}=0.00049$

$P(X=1)=(11C0)(0.5)^1 (1-0.5)^{11-1}=0.0054$

$P(X=2)=(11C0)(0.5)^2 (1-0.5)^{11-2}=0.027$

And adding we got:

$P(X \leq 2)= 0.033$

Part b

For this case we want this probability:

$P(X \geq 2)$

And we can use the complement rule and we got:

$P(X \geq 2)= 1-P(X$

And replacing we got:

$P(X \geq 2)= =1-[0.00049 +0.0054] = 0.994$

Part c

For this case we want this probability:

$P(X \leq 1)$

And we can use the complement rule and we got:

$P(X \leq 1)= 1-P(X$

And replacing we got:

$P(X \leq 1)=0.00049 +0.0054= 0.0059$

6 0

1 year ago