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AnnyKZ [126]
3 years ago
14

On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to rece

ive a base fee of $5,800 for his services in addition to a bonus depending on when the project is completed. Nolan created incentives for Bob to finish the barn as soon as he can without jeopardizing the structural integrity of the barn. Nolan offered to pay an additional 25% of the base fee if the project finished 2 weeks early and 15% if the project finished a week early. The probability of finishing 2 weeks early is 25% and the probability of finishing a week early is 60%. a) What is the expected transaction price with variable consideration estimated as the expected value?
b) What is the expected transaction price with variable consideration as the most likely amount?
Business
1 answer:
hichkok12 [17]3 years ago
3 0

Answer:

a) What is the expected transaction price with variable consideration estimated as the expected value?

  • original cost $5,800 if job is finished in one month (15% probability)
  • bonus price for finishing 2 weeks earlier $5,800 x 1.25 = $7,250 (25% probability)
  • bonus price for finishing 1 week earlier $5,800 x 1.15 = $6,670 (60% probability)

expected transaction price = ($5,800 x 15%) + ($7,250 x 25%) + ($6,670 x 60%) = $6,684.50

b) What is the expected transaction price with variable consideration as the most likely amount?

$6,670, since it has a 60% probability

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Answer:

B, Multivendor

Explanation:

Outsourcing is when a firm delegates or partners with one or more other firms to ease its stress in its tasks

Multivendor outsourcing is the type of outsourcing in which a firm works with multiple firms in its tasks. Multivendor outsourcing is a good way of outsourcing but it is more costly, task approval or communication process is slower, integration of components; compared to other outsourcing types.

Cheers

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Heidi Luking has discovered that several of the sites she has visited recently downloaded small filesto her computer's hard driv
romanna [79]

Answer:

The correct answer is: False.

Explanation:

On the one hand, the <em>"Crackers</em>" is the name that the people with a huge knowledge in cyber security and therefore that they are the ones that mainly focus on explore methods to breach defenses from computers in order to explote the weakness of the computer system so they will be able to have control of the system.

On the other hand, what Heidi discovered is most likely to be a <em>cybervirus</em> that those web pages implanted in their sites in order to breach the system of the person automatically without her knowledge or autorization with the main purpose of just destroying the computer system.  

4 0
3 years ago
The balance of​ stockholders' equity at the beginning of the year and the end of the year was $ 60 comma 000 and $ 67 comma 000​
Paul [167]

Answer:

Explanation:

Income/ (loss) for the year = Equity balance at the end +dividend paid- equity balance at the beginning

=$67,000+22,000-$60,000

=$29,000

Since  no additional common stock was issued during the year, $29,000 represents income earned during the year before dividend is paid. After dividend of $22,000 has been paid, the balance of $7,000 profit will be added to retained earnings .

8 0
2 years ago
Brian is struggling with the choice of publishing his new book, How to Cook Polish Barbeque, as an e-book or a paperback. Brian
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making a product decision

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Since in the question it is mentioned that Brian is struggling with regard to the choice of publishing of his new book that reflects the decision making as the options of books are available and confused with the available options in terms of e-book or paperback that means sell it online or in book stores or both

So it reflects the making the decision with respect to the product

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3 years ago
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The total amount of final goods and service produced in a country that people, businesses, governments, and foreigners plan to buy is Gross domestic product (GDP).

<h3>What is Gross domestic product (GDP)?</h3>
  • GDP is a metric for a country's economic output. GDP is a measure of the overall economic output of new products and services in a particular year.
  • The circular flow diagram can be used to illustrate GDP as a flow of income moving in one direction and expenditures on resources, products, and services moving in the opposite way.
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  • The circular flow figure shows how the national income calculation methods of using income and expenditures are equivalent.
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Learn more about the Gross domestic product (GDP) with the help of the given link:

brainly.com/question/15682765

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5 0
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