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Jing Statistical Services Operates a Website That Links Experienced Statisticians

Question 267

Multiple Choice

Jing Statistical Services operates a website that links experienced statisticians with businesses that need data analyzed. Statisticians post their rates, qualifications, and references on the website, and Jing receives 25% of the fee paid to the statisticians in exchange for identifying potential customers. VetMed Associates contacts Jing and arranges to pay a consultant $1,500 in exchange for analyzing some data. Jing's income statement would include the following with respect to this transaction:


A) Revenue of $1,500
B) Revenue of $1,500, and cost of services of $1,125
C) Revenue of $375
D) Revenue of $1,875 and cost of services of $1,500

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