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Accounting hw Save Score: 0 of 1 pt 11 of 24 (12 complete) HW Score: 47.22%, 11.33 of 24 pts BE8-5 (similar to) Question Help

Accounting hw

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Save Score: 0 of 1 pt 11 of 24 (12 complete) HW Score: 47.22%, 11.33 of 24 pts BE8-5 (similar to) Question Help Helena Garage Inc. enters into a contract to provide services totaling $79,000. The contract includes a potential performance bonus based on when Helena Garage completes the services. Helena Garage estimates the following scenarios for completion. (Click the icon to view the scenarios.) Determine the expected value of the bonus under each scenario, Ignore any constraints on variable consideration. Determine the expected value of the bonus under scenario 1 The expected value under scenario 1 is $ 1 Scenarios Probability Complete within Bonus Scenario 1 Scenario 2 Scenario 3 3 days $ 13,000 45% 35% 0% 5 days S 3,000 20% 10% 70% 8 days S 6,500 35% 25% 30% Print Done Enter any number in the edit fields and then click Check Answer. Clear All Check Answer 2 parts remaining

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