Walker Consulting helped McCall Roofers put various cost saving techniques into place. The contract specifies that Walker
Fantastic news! We've Found the answer you've been seeking!
Question:
Walker Consulting helped McCall Roofers put various cost saving techniques into place. The contract specifies that Walker will receive a flat fee of $60,000 and an additional $15,000 if McCall attains a target amount of cost savings. Walker estimates a 20% chance that McCall will reach the target for cost savings. Assuming that Walker uses the expected minus value approach, what is the transaction price for this product?
A. $63,000
B. $15,000
C. $60,000
D. $75,000
Related Book For
Posted Date: