Which of the following is correct about changes in estimated variable consideration? a. changes in estimated variable consideration should be recognized as an adjustment to revenue in the period the change in estimate is madeb. changes in estimated variable consideration should be applied retroactively to all periods affected. c. changes in estimated variable consideration should be allocated retrospectively to all prior periodsd. changes in estimated variable consideration are not recognized in periods after transaction price is first estimateda. changes in estimated variable consideration should be recognized as an adjustment to revenue in the period the change in estimate is made

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.