Witson Cen Wu agrees to a six month legal engagement that pays $2.300/month beginning July 1 Also, there is a 80% probability that the engagement will result in an additional $4,800 and a 20% probability that the engagement will result in an additional $1,200, based on the the outcome of the litigation. Wilson plans to recognize revenue over the six month period using most likely amount as the recognition criteria How much revenue will Wilson recognize for the month of July? A $2760 B. $3100 C. $2300 D. $3840
Witson Cen Wu agrees to a six month legal engagement that pays $2.300/month beginning July 1 Also, there is a 80% probability that the engagement will result in an additional $4,800 and a 20% probability that the engagement will result in an additional $1,200, based on the the outcome of the litigation. Wilson plans to recognize revenue over the six month period using most likely amount as the recognition criteria How much revenue will Wilson recognize for the month of July? A $2760 B. $3100 C. $2300 D. $3840
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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Witson Cen Wu agrees to a six month legal engagement that pays $2.300/month beginning July 1 Also, there is a 80% probability that the engagement will result in an additional $4,800 and a 20% probability that the engagement will result in an additional $1,200, based on the the outcome of the litigation. Wilson plans to recognize revenue over the six month period using most likely amount as the recognition criteria How much revenue will Wilson recognize for the month of July?
A $2760
B. $3100
C. $2300
D. $3840
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