Question
Jung Statisticians operates a website that links experienced statisticians with businesses that need analysis. Statisticians posts their qualifications and rates on the website and Jung
Jung Statisticians operates a website that links experienced statisticians with businesses that need analysis. Statisticians posts their qualifications and rates on the website and Jung receives 25% of the fee paid to the statisticians in exchange for identifying potential customers. FastMed Associates contacts Jung and arranges to pay a consultant $1,500 in exchange for analyzing some data. Jung's income statement should include the following with respect to this transaction: Group of answer choices
A. Revenue of $1,875 and cost of services of $1,500
B. Revenue of $1,500
C. Revenue of $375
D. Revenue of $1,500 and cost of services of $1,125
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