subject
Business, 11.03.2020 05:33 sav0119

Required information The following information applies to the questions displayed below. On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to receive a base fee of $6,000 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 20% of the base fee if the project finished 2 weeks early and 15% if the project finished a week early. The probability of finishing 2 weeks early is 20% and the probability of finishing a week early is 65%. What is the expected transaction price with variable consideration estimated as the expected value?

a. $6,000
b. $5,700
c. 6825
d. 7630

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, kelseyduhhh
Choose the best term for each definitionexpense, liability, monetary asset, statement of financial position, tangible asset, net worth, market value, investment asset, income, assetitems of monetary value a person or household ownsmoney spentmoney receivedfinancial assets purchased with the hope that they will generate income and appreciate in value to make it possible to sell at a higher price in the futurea debt or obligation owed to othersthe amount you could realistically sell an asset forassets that can be quickly and easily converted into casha measure of financial wealth and indicates the monetary value of all possessions that a person or household owns, minus the total amounts owed to othersa financial statement that describes an individual or family's financial condition on a specified date by showing assets, liabilities, and net worthpersonal property that was purchased to create a lifestyle or improve your life
Answers: 1
image
Business, 22.06.2019 05:30, huangjianhe135
Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?
Answers: 2
image
Business, 22.06.2019 06:00, aliami0306oyaj0n
Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow
Answers: 3
image
Business, 22.06.2019 11:30, astorkid
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
You know the right answer?
Required information The following information applies to the questions displayed below. On April 1s...

Questions in other subjects:

Konu
Mathematics, 28.09.2019 19:00
Konu
Mathematics, 28.09.2019 19:00
Konu
Mathematics, 28.09.2019 19:00