Oriole Windows manufactures and sells custom storm windows for porches. Oriole also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Oriole enters into the following non-cancellable contract on July 1, 2023, with a local homeowner. The customer purchases windows for a price of $2,500 and chooses Oriole to do the installation. Oriole charges the same price for the windows regardless of whether it does the installation or not. The price of the installation service is estimated to have a fair value of $621. The customer pays Oriole $2,079 (which equals the fair value of the windows, which have a cost of $1,300) on delivery and the remaining balance on installation of the windows. The windows are delivered on September 1, 2023, Oriole completes installation on October 15, 2023, and the customer pays the balance due. Using the five-step process for revenue recognition, determine when and how much revenue would be recognized by Oriole. Assume Oriole follows IFRS. (Round percentage allocations to 2 decimal places, 15.25% and final answers to O decimal places, e.g. 5,275.)

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D1= 2(1+g) or D1 = 2? Why?

Sunland Company's balance sheet shows: Common stock, $20 par $3,200,000 Paid-in capital in excess of par 1,010,000 Retained earnings 790,000 Record the following transactions by the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Bought 7,800 shares of its common stock at $36 a share. (b) Sold 4,100 treasury shares at $38 a share. (c) Sold 1,900 shares of treasury stock at $31a share. Debit Credit No. Account Titles and Explanation (a) 1O Type here to search

Problem 9-25 Fudge factors An oil company executive is considering investing $10.1 million in one or both of two wells: well 1 is expected to produce oil worth $3.01 million a year for 10 years; well 2 is expected to produce $2.01 million for 15 years. These are real (inflation-adjusted) cash flows. The beta for producing wells is 0.91. The market risk premium is 9%, the nominal risk-free interest rate is 7%, and expected inflation is 3%. The two wells are intended to develop a previously discovered oil field. Unfortunately there is still a 21% chance of a dry hole in each case. A dry hole means zero cash flows and a complete loss of the $10.1 million investment. Ignore taxes and make further assumptions as necessary. a. What is the correct real discount rate for cash flows from developed wells? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Real discount rate b. The oil company executive proposes to add 20 percentage points to the…

Answer Question 4

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D nctions Question 10 Use the diagram below to find each of the following: sine of point a • cose of point b • tane of point c d e

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