Business, 19.12.2019 20:31 khemphill4118

On november 1, year 1, an entity sold 50 machines to a customer for $100 each. the cost of each machine is $20. the entity allows customers to return any unused machine within 6 months and receive a full refund. the entity uses the expected value method to estimate the variable consideration. based on the entity’s experience and other relevant factors, it reasonably estimates that 10 machines (6 in year 1 and 4 in year 2) will be returned. what amount of revenue is recognized by the entity from the sale of these machines on november 1, year 1?

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 22:00

The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?

Answers: 1

Answer

Business, 22.06.2019 10:00

What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided

Answers: 1

Answer

Business, 22.06.2019 13:40

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.

Answers: 2

Answer

Business, 22.06.2019 19:20

Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.

Answers: 2

Answer

You know the right answer?

On november 1, year 1, an entity sold 50 machines to a customer for $100 each. the cost of each mach...

Questions