Gladwell Company enters into a contract to build specialized production equipment for Malcolm Manufacturing for $1,250,000. Malcolm would like the equipment delivered as soon as possible so it offers Gladwell a performance bonus for early delivery of the equipment. According to the contract, Malcolm will pay a performance bonus of $100,000 if Gladwell is able to complete the equipment by March 1, 20X6. The performance bonus is reduced by 20% for each of the first three weeks after March 1, 20X6. If the completion is delayed more than three weeks, then Gladwell forfeits the entire performance bonus.
Gladwell's prior experience with performance bonuses on similar contracts indicates the following probabilities of completion outcomes:

Completed by Probability
March 1, 20X6 50%
March 8, 20X6 20%
March 15, 20X6 10%
March 22, 20X6 15%
March 22, 20X6 5%

How much should Gladwell record as the transaction price of the contract?

a) $1,328,000 b) $1,250,000 c) $1,265,500 d) $1,350,000

According to the map, which continent has the most countries with a low gdp level? which two countries have the highest gdp level?

List five words to describe your dominant culture. list five words to describe a culture with which you are not a member, have little or no contact, or have limited knowledge. can someone explain what its meaning?

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.