1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitry_Shevchenko [17]
3 years ago
11

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 $4,500 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 30% of the base fee if the project finished 2 weeks early and 10% if the project finished a week early. The probability of finishing 2 weeks early is 30% and the probability of finishing a week early is 60%. What is the expected transaction price with variable consideration estimated as the expected value? Multiple Choice $5,175 $4,500 $6,175 $4,275
Business
1 answer:
ASHA 777 [7]3 years ago
8 0

Answer:

a. $5,175

Explanation:

Expected transaction price with variable consideration estimated as the expected value = $4,500 + (30%*$4,500*30%) + (10%*$4,500*60%) + (0%*$4,500*10%)

= $4,500 + $405 + $270 + $0

= $5,175

So, the expected transaction price with variable consideration estimated as the expected value is $5,175

You might be interested in
What are the underlying functions of business?
egoroff_w [7]
This function includes members who report on business results and plan for the future
8 0
3 years ago
Based on the connecting letter report, salaries of which college majors are significantly different?
Assoli18 [71]

Answer:

C. Language and Music.

Explanation:

The letter report has listed salaries of various employees in different departments. The college majors have different salaries who teach different subjects. The salary for social science staff is higher than the language teaching staff. The most significantly different salaries are for language and music college majors.

5 0
3 years ago
A bank buys bonds with a par value of $25 million for $24,040,000. The coupon rate is 10 percent, and the bonds pay annual payme
Ilya [14]

Answer:

$25,891,632.37

Explanation:

The computation of the market value of the bond in two years is given below:

We know that

Market value of the bonds be in two years is

= pv(rate, nper,pmt,fv)

Here  

Nper = 2

PV = ?

PMT =  25000000 × 10% = 2500000

FV = 25000000

Rate = 8%

Now  

Market value of the bonds be in two years is

= pv( 8%,2,2500000,25000000)

= $25,891,632.37

3 0
3 years ago
The upper-level management of Nationwide Sales Corporation wants to fire Andy because he is a nonproductive employee. Using a ut
Nimfa-mama [501]

Answer:

C) the costs and benefits of retaining a nonproductive employee.

Explanation:

The utilitarian approach weighs actions in terms of the benefits received over the costs of carrying them out. It is the basis for the cost-benefit analysis, where an idea, activity or investment is good only if the benefits it generates offset the costs of carrying it out. The goal of the utilitarian approach is to maximize the benefits received while minimizing the costs.

7 0
4 years ago
what is the credit card balance? A-The amount of interest you must pay the credit card company. B-The required minimum payment t
Degger [83]
<span>What is the credit card balance?

</span><span>D-The amount of money you still owe to the credit card company.
</span>
The credit card balance is the total amount you owe the credit card company. The required minimum payment is the amount that forms a portion of the credit card balance. If you only pay the required minimum amount, the outstanding balance will generate interest and financial charges. It is better to pay off the whole credit card balance if you can. This way you will have a good credit score.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Indicate one or more of the many benefits of access to high-quality education as it applies to productivity.
    10·1 answer
  • Hansen Construction, Inc., has consistently used the input method based on costs incurred to recognize revenue over time. During
    15·1 answer
  • The following totals for the month of April were taken from the payroll register of Magnum Company. Use this information to answ
    12·1 answer
  • Equivalent Units, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process The blending department had the follo
    13·1 answer
  • g Twins Jane and Hal each inherited $150,000 exactly ten years ago. Jane invested the entire amount in a brokerage account to fu
    8·1 answer
  • Pls help!!! will give brainly!!!!
    9·2 answers
  • Beginning work in process are 40,000 units and units started this period are 20,000 units. The total units to account for are:__
    10·1 answer
  • The Production Function shows how total output changes when the amount of a single variable input changes while all other inputs
    9·1 answer
  • Purchased a 1000$ bond for 950$. I'll get 50$ a year and it matures in 20 years. I want to know the interest rate I am earning.
    14·1 answer
  • game theory a. is used to measure power b. was the approach taken by marx to analyze the international economy c. can be used to
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!