Answer:
a. There are two separate performance obligations in the contract. Gym membership is one performance obligation and the providing 25% discount on yoga classes is another performance obligation.
b. The standalone selling price of annual membership is $720. Therefore, F&S will allocate
of 700 contract price to the discount voucher on yoga course and the remaining $672 will be allocated to membership.
C. solution is in the image attached.
Explanation:
b. F&S offers a 10% discount on yoga classes to all customers as part of promotional strategy. Therefore a 25% discount voucher provides a customer with an incremental value of 15% (25%-10%). Thus, the estimated stand alone selling price of the discount voucher provided by F&S is $30 ($500 * 15% incremental discount * 40% likelihood of the vouchers being redeemed).
The expected monetary value of the investment of $1,000 in Company A is $800.
Data and Calculations:
Cost of investment in Company A = $1,000
Probability of doubling investment = 40%
Probability of losing investment = 60%
Expected monetary value of investment = $800 ($2,000 x 40% + $0 x 60%)
Thus, the expected monetary value of the investment is $800.
Learn more: brainly.com/question/13905997
It is true that Design thinking can help narrow the gap between businesses and customers perceptions
<h3>What is Design Thinking?</h3>
Design thinking refers to procedures use to solve problems or find solutions to problems by placing the customers needs above all.
It is base on observation, how people relate with their environment and use iterative approach to profer solutions to problems.
Therefore,
Design thinking can help narrow the gap between businesses and customers perceptions
Learn more on Design thinking from the link below.
brainly.com/question/24596247
Answer:
Purchase
Treasury Stock $255,000 (debit)
Cash $255,000 (credit)
Sale 1.
Cash $108,000 (debit)
Common Stock $108,000 (credit)
Sale 2.
Cash $98,000 (debit)
Common Stock $98,000 (credit)
Sale 3.
Cash $43,000 (debit)
Common Stock $43,000 (credit)
Explanation:
<u>When a Company purchases its own shares</u>
De-recognize the Assets of Cash and also de-recognize the Equity item Treasury Stock.
<u>When a Company sales its own shares</u>
Recognize the Assets of Cash and recognize the equity item Common Stock.