Video planet (“vp”) sells a big screen tv package consisting of a 60-inch plasma tv, a universal remote, and on-site installation by vp staff. the installation includes programming the remote to have the tv interface with other parts of the customer’s home entertainment system. vp concludes that the tv, remote, and installation service are separate performance obligations. vp sells the 60-inch tv separately for $2,040, sells the remote separately for $120, and offers the installation service separately for $240. the entire package sells for $2,300. required: how much revenue would be allocated to the tv, the remote, and the installation service?

Money from an allowance or job is known as .

Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme-type dinners for friends who were having parties. to generate even more interest in the business, janelle created on her website. she posted pictures of events, and close-ups of the food they served. she encouraged patrons and others to post reviews, comments, and favorite recipes, and to share their own party ideas. her promotion became a dialogue between buyers of her service and the business. interactive promotion infomercials product placement broadcast

Suppose that a major city’s main thoroughfare, which is also an interstate highway, will be completely closed to traffic for two years, from january 2014 to december 2015, for reconstruction at a cost of $535 million. if the construction company were to keep the highway open for traffic during construction, the highway reconstruction project would take much longer and be more expensive. suppose that construction would take four years if the highway were kept open, at a total cost of $800 million. the state department of transportation had to make its decision in 2014, one year before the start of construction (so that the first payment was one year away). so the department of transportation had the following choices: (i) close the highway during construction, at an annual cost of $267.5 million per year for two years. (ii) keep the highway open during construction, at an annual cost of $200 million per year for four years. now suppose the interest rate is 80%. calculate the present value of the costs incurred under each plan.