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Question - Company X sells standard lawn mowers to Biggy Hardware (BH) for $100. BH is Company X's largest customer. Company X offers BH the following discounts based on purchases in a calendar year:
1 to 999 lawn mowers: 0% discount
1,000 to 1,500 lawn mowers: 3% discount
More than 1,500 lawn mowers: 5% discount
BH's purchasing pattern has been very consistent over its twenty year relationship history with Company X. Company X's management has assigned a 10% probability to a 0% discount, a 70% probability to a 3% discount and a 20% probability to a 5% discount.
a. What is the estimated transaction price if the most likely amount is used?
b. What is the estimated transaction price if the expected value method is used?
c. Should any of the estimated variable consideration included in the transaction price be constrained?
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In the last quarter of 2007, a group of 64 mutual funds had a mean return of 2.4% with a standard deviation of 5.6%. If a Normal model can be used to model them, what percent of the funds would you expect to be in each region?
What effect (if any) would this new rate have on the cost of jobs that do not use the new automated milling machine? Why?
joan colin an attorney bills her client at a rate of 100 perhour. at the begining of july clients owed her 8000 of
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conduct a financial statement and operating indicator analysis on the company and interpret the resulting data. use
You are the CFO of a publicly traded company and are getting ready to prepare you year- end financial statements. In your investment portfolio you have.
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At the beginning of the year, Clampett, Inc. had $100,000 in its AAA, $60,000 of earnings, How much, if any, of the distribution is taxable as a capital gain
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Prepare the necessary journal entries to clear the intangible asset account and to set up accounts for separate intangible assets, other types of assets, and expenses indicated by the transactions.
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