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What is the ATR on a $10,000, one-year, recurring-revenue contract? (Choose the best answer.)
Suggested Answer: B
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5 comments · newest first
JA
Jaclyn
5 days ago
It's definitely not A, that's way too high.
RE
Reena
10 days ago
I’m leaning towards option A, $1,200, because it sounds like it could be an annualized figure, but I need to double-check my notes.
KI
Kimbery
15 days ago
I feel like the ATR should be a percentage of the total contract value, but I can't recall if it's 10% or something else.
DO
Dottie
20 days ago
I remember practicing a similar question where we had to calculate monthly revenue. Could it be $10,000 divided by 12?
YV
Yvonne
26 days ago
I think the ATR is related to the total revenue, so maybe it's just the $10,000? But I'm not entirely sure.