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Company Software License Fee License Duration Monthly Revenue Recognition Microsoft Corporation $120,000 3 years $3,333.33 per month Microsoft Corporation sells a software license for $120,000,
Company | Software License Fee | License Duration | Monthly Revenue Recognition |
Microsoft Corporation | $120,000 | 3 years | $3,333.33 per month |
Microsoft Corporation sells a software license for $120,000, valid for 3 years. How much revenue should Microsoft recognize each month for this software license?
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