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Revenue from contracts

MMarcia8y ago
Hello Teacher, On out notes example 4 IFRS 15 about Liver Tech, i did not understand about allocation of price obrigation toTechnical support? could you please explain me why we multiply by 540? I do not know where this value come from. I was expecting multiply by $1600 contract price. Thanks in advance.
P2-D2P2-D2Tutor8y ago#1
Hi, Thanks for spotting this, it should read 1,600 and not 540. I've posted a comment on the video and will update the notes. Thanks
MMarcia8y ago#2
Ok i could imagine that. Thank you
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