Business, 06.08.2019 19:20 jholland03
Thomas consultants provided bran construction with assistance in implementing various cost-savings initiatives. thomas’s contract specifies that it will receive a flat fee of $55,000 and an additional $25,000 if bran reaches a prespecified target amount of cost savings. thomas estimates that there is a 30% chance that bran will achieve the cost-savings target. required: 1. assuming thomas uses the expected value as its estimate of variable consideration, calculate the transaction price. 2. assuming thomas uses the most likely value as its estimate of variable consideration, calculate the transaction price. 3. assume thomas uses the expected value as its estimate of variable consideration, but is very uncertain of that estimate due to a lack of experience with similar consulting arrangements. calculate the transaction price
Answers: 1
Another question on Business
Business, 21.06.2019 23:00
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
Answers: 2
Business, 22.06.2019 20:10
With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals
Answers: 1
Business, 22.06.2019 23:30
What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.
Answers: 1
Business, 23.06.2019 00:20
E11-2 (multiple choice) identify the best answer for each of the following: which of the following statements about internal service fund liabilities is false? internal service funds may report both current and long-term liabilities. internal service funds may not issue bonds for financing purposes. internal service funds may report contingent liabilities. due to other funds would be reported as a current liability
Answers: 3
You know the right answer?
Thomas consultants provided bran construction with assistance in implementing various cost-savings i...
Questions
Geography, 23.06.2019 09:30
History, 23.06.2019 09:30
Chemistry, 23.06.2019 09:30
History, 23.06.2019 09:30
