Calculate the projected value of the renewal sales to be invoiced based on the following information A
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Calculate the projected value of the renewal sales to be invoiced based on the following information
•A new contract was sold for $6,750 of hosting services. There are no implementation fees
•The term is 9/1/22 – 12/31/22. The renewal, beginning 1/1/23, is for a 12-month term.
•The new contract had a one-time discount of 25% (i.e. will not be applied to the renewal)
•The renewal order will include a 5% uplift charge reflecting our increased costs.
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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