Revenue from contracts

This topic has 2 replies, 2 voices, and was last updated 7 years ago by dineise18.

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June 20, 2018 at 4:01 pm #459481

dineise18
Participant

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.

June 21, 2018 at 9:15 am #459577

P2-D2
Keymaster

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

June 23, 2018 at 7:34 am #459771

dineise18
Participant

Ok i could imagine that.

Thank you
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