Answer:
B) a "freemium" pricing model and white labeling its site
Explanation:
A freemium pricing model is based on offering a service with a few basic features for free, while also offering a premium service with enhanced features for a fee.
White labeling happens when a company's product or service is sold by another retailer using its own brand instead of the original producer's brand.
Answer:
$120,000
Explanation:
Particulars Amount
Beginning balance in accounts receivables A/C $100,000
Add: Credit sales <u>$20,000</u>
Ending balance in accounts receivables A/C <u>$120,000</u>
Answer:
General professional conduct, social values, anti-discrimination, fair labor standards, financial responsibility and honest marketing.
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
