Orange inc sells a learnit-plus software package that

Assignment Help Finance Basics
Reference no: EM13617639

Orange, Inc., sells a LearnIt-Plus software package that consists of their normal LearnIt math tutorial program along with a one-year subscription to the online LearnIt Office Hours virtual classroom. LearnIt-Plus retails for $400. When sold separately, the LearnIt math tutorial sells for $435, and access to the LearnIt Office Hours sells for $290 per year.

  1. How much revenue will be recognized upon delivery of the LearnIt software?
  2. How much revenue will be deferred and recognized over the life of the one-year period in which the Office Hours are delivered?
  3. If Orange did not sell the LearnIt Office Hours separately, but believed it would price it at $290 per year.
  4. How much revenue will be recognized upon delivery of the LearnIt software?
  5. How much revenue will be deferred and recognized over the life of the one-year period in which the Office Hours are delivered?

Reference no: EM13617639

Questions Cloud

What is the net average force magnitude and direction that : a 64.0 kg person standing on a diving board dives straight down into the water. just before striking the water her
The ice cap at the north pole may be 1000 m think with a : the ice cap at the north pole may be 1000 m think with a density of 920 kgm3. find the pressure at the bottom and the
Patterson inc receives a 16000 payment two years in advance : patterson inc. receives a 16000 payment two years in advance of delivering a completed novel. a five percent interest
Assume that you plan to use a significance level of 005 : assume that you plan to use a significance level of ? 0.05 to test the claim that p1 p2 use the given sample sizes
Orange inc sells a learnit-plus software package that : orange inc. sells a learnit-plus software package that consists of their normal learnit math tutorial program along
What happens to the degrees of freedom in a chi-square as : chi squarea. what happens to the degrees of freedom in a chi-square as the sample size gets larger? explain your
A 25 mm diameter uniform steel shaft is 600 mm long between : a 25 mm diameter uniform steel shaft is 600 mm long between bearings.a find the lowest critical speed of the shaftb if
You want to retire in 30 years you deposit 20000 in the : you want to retire in 30 years. you deposit 20000 in the account now and plan to save an equal amount each year for the
Explosive devices used in mining operations produce nearly : explosive devices used in mining operations produce nearly circular craters when detonated. the radii of these craters

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd