On january 1 revis consulting enters into a contract to complete a cost reduction program for green financial
over a six-month period. green will pay revis $20,000 at the end of each month. if total cost savings reach a
specific target, green will pay an additional $10,000 to revis at the end of the contract, but if total cost savings
fall short, revis will refund $10,000 to green. revis estimates an 80% chance that cost savings will reach
the target and calculates the contract price based on the probability-weighted amounts of future payments to be
received. revis accounts for this arrangement.
required:
prepare the following journal entries for revis:
1. the journal entry on january 31 to record the first month of revenue under the contract.

Which law would encourage more people to become homeowners but not encourage risky loans that could end in foreclosure? options: offering first time homebuyers tax-free accounts to save for down payments requiring all mortgages to be more affordable, interest-only loans outlawing home inspections and appraisals by mortgage companies limiting rent increases to less than 2% a year

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

Afarmer is an example of what kind of producer?