How many performance obligations does LongDrive have

Assignment Help Accounting Basics
Reference no: EM132889977

Problem - LongDrive sells a specialized golf club that has core plugs to shift weight in the club head and produce different ball flights. LongDrive sells the golf club and replacement core plugs separately, and no other company sells either item. Customers can use the golf club without the replacement core plugs, but the replacement core plugs are not usable without the golf club. LongDrive sells the golf club and four replacement core plugs to a customer. The golf club is shipped on April 1, 2019, and the replacement plugs are shipped on May 1, 2019. How many performance obligations does LongDrive have with respect to this sale?

Reference no: EM132889977

Questions Cloud

Discuss the him aspects involved : Share (if you are comfortable) which levels of care you have used. What was your perception of the quality of care you (or a family member) received?
What journal entries are necessary for Enterprise : Enterprise Solutions Inc. licenses its productivity software to Blackmon Company for $100,000, What journal entries are necessary for Enterprise
Explain how the incorporation of a global perspective : Explain how the incorporation of a global perspective or lens into your local practice as a nurse leader represents and contributes to social change.
What does vak stand for in the learning styles theory : -When planning the running order for a meeting is it generally best to put the big important items first or last or in the middle between smaller things?
How many performance obligations does LongDrive have : LongDrive sells the golf club and four replacement core plugs to a customer. How many performance obligations does LongDrive have
How the health policy you selected might impact the health : How the health policy you selected might impact the health of the global population. Explain the strengths and weaknesses of each policy.
Successful background in organizational development : You have a successful background in organizational development and change management consulting. You have just been hired by a large
What amount of revenue should the hospital recognize : East Georgia Community Hospital enters into a contract to provide $15,000 of elective medical care to a patient. What amount of revenue hospital recognize
Heublein-planning project management and control system : Describe the level of risk-taking and the efforts to mitigate these risks within the project planning process at Heublein.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd