com/courses/1964931/assignments/10428984?module_item_id=24060125 Question 11 View Policies Current Attempt in Progress Presented below are three revenue recognition situations. (a) Groupo sells goods to MTN for $1,037,000, payment due at delivery. (b) Groupo sells goods on account to Grifols for $732,000, payment due in 30 days. la Groupo sells goods to Magnus for $498,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 months later. The present value of the future payments is $462,300. Indicate the transaction price for each of these situations and when revenue will be recognized Transaction Price $ Revenue will be recognized e Textbook and Media Save for Later Attempts:0 of 10 used Submit Answer com/courses/1964931/assignments/10428984?module_item_id=24060125 Question 11 View Policies Current Attempt in Progress Presented below are three revenue recognition situations. (a) Groupo sells goods to MTN for $1,037,000, payment due at delivery. (b) Groupo sells goods on account to Grifols for $732,000, payment due in 30 days. la Groupo sells goods to Magnus for $498,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 months later. The present value of the future payments is $462,300. Indicate the transaction price for each of these situations and when revenue will be recognized Transaction Price $ Revenue will be recognized e Textbook and Media Save for Later Attempts:0 of 10 used Submit