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ki77a [65]
2 years ago
6

A company must account for a contract modification as a new contract if Group of answer choices the modification adds distinct g

oods or services at a price that reflects their stand-alone selling price. the seller has the right to receive consideration equal to the stand-alone selling price of the promised goods or services. the promised goods or services are distinct and separable from other goods or services promised in the original contract. the promised goods or services are distinct and the contract has commercial substance.
Business
1 answer:
OLEGan [10]2 years ago
7 0

Answer:  the modification adds distinct goods or services at a price that reflects their stand-alone selling price.

Explanation:

When multiple goods or services are offered in the same contract they are not usually given their standalone price but rather a contract price that is less as a form of discount for getting all the goods at the same time.

When a modification is added however, that reflects the standalone price of goods added, the contract has to account for the contract modification because there are now multiple pricing conventions and this needs to be accounted for.

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​Bill Hickey is an employee of the Middleburg school district, and John Morgan is associated with that district as well. At meet
Ipatiy [6.2K]

Answer:

c. Bill is the superintendent of schools, and John is the chair of the school board

Explanation:

Bill is the superintendent of schools, and John is the chair of the school board

3 0
3 years ago
For most companies, the web ______ the threat that new competitors will enter the market by ______ traditional barriers to entry
Andrei [34K]

Answer: b. Increases, decreasing

Explanation: For most companies, the web increases the threat that new competitors will enter the market by decreasing traditional barriers to entry. Traditional barriers to entry include

a. Economies of scale

b. Product differentiation

c. Capital requirements

d. Switching costs

e. Access to distribution channels

f. Cost disadvantages

g. Government policy

thus, by reducing some of these barriers to entry the Web increases the threat of new competition.

7 0
3 years ago
On the basis of the research it has gathered on consumer perceptions, the tests it has conducted, and competitive considerations
Elan Coil [88]

Answer:

1) the product launch.

Explanation:

As the product in consideration is new, and that the company performs the analysis of customer demands and needs for the product to be introduced, also the company defines the target market for its product, this conclusively reflects that the company wants to launch a new product.

Since it is a preliminary activity basically analyzing market before launch of product, there are no results therefore there is no evaluation of results.

Further there is a market testing, not for the entire company products, but only for the new product thus, it can not be termed as pre-market demonstrations.

6 0
3 years ago
The Oriole Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents
vfiekz [6]

Answer:

Break-even point in units= 402 rooms a month

Explanation:

Giving the following information:

The inn has 50 rooms that it rents at $100 a night. Operating costs are as follows:

Salaries $7,500 per month

Utilities $1,500 per month

Depreciation $1,300 per month

Maintenance $1,760 per month

Maid service $24 per room

Other costs $46 per room

<u>First, we need to calculate the total fixed costs and the unitary variable cost.</u>

Total fixed costs= salaries + utilities + depreciation + maintenance

Total fixed costs= $12,060

Unitary variable cost= 24 + 46= $70

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 12,060/ (100 - 70)

Break-even point in units= 402 rooms a month

8 0
3 years ago
You own 10,000 shares of Microsoft stock. A good way to hedge the risk involved in owning this stock would be to buy some call o
natka813 [3]

Answer: False

Explanation:

If you want to hedge the risk of owning the stock then that would mean that you want to take measures to ensure that you don't lose out if prices fall.

A call option is not the way to do this because call options are bought with the expectations that prices will go up. If you buy call options then and the prices fall, you would make a loss on both the call options and the stock that you own.

A good way to hedge this would be to take Put options on the stock. Put options help you benefit if prices fall because you would be allowed to sell at a certain price unaffected by the fall in prices.

7 0
3 years ago
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