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Question Help Know-it-all is a company that provides cellular phone sales and services. The company offers different packages to suit different customers. For example, for
Question Help Know-it-all is a company that provides cellular phone sales and services. The company offers different packages to suit different customers. For example, for one model of phone, the Cranberry 403, the company gives its customers the following options Click the icon to view the options.) Required a. Determine the amount and timing of revenue that know-it-all should recognize if a customer chooses Option A. Repeat for Options B and C. (You may ignore the time value of money for this question) b. To ensure the validity of your approach in part (a)what else should you consider? Requirement a. Determine the amount and timing of revenue that know-it-all should recognize if a customer chooses Option A. Repeat for Options B and C (You may ignore the time value of money for this question.) (For monthly cellular services, round your answer to the nearest cent. For entries with a 50 balance, make sure to enter "0" in the appropriate column) Revenue allocation Option A Per month Option B Per month Option C Phone: Immediate recognition Cellular services Total Enter any number in the edit fields and then click Check Answer More Info Option A: Cranberry 403 provided free with a three year contract at 548 per month for cellular services. Option B: Cranberry 403 purchased at $370 with a one-year contract at $48 per month for cellular services. Option C: Cranberry 403 purchased for $620 with no contract. Print Done
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