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During 2021, EF Company is the defendant in a patent infringement. The lawyers believe that there is a 25% chance that the court will

During 2021, EF Company is the defendant in a patent infringement. The lawyers believe that there is a 25% chance that the court will dismiss the case and the entity will incur no outflow of economic benefits. If the court rules in favor of the claimant, the lawyers believe that there is a 20% chance that the entity will be required to pay damages of P300,000 and an 80% chance that the entity will be required to pay damages of P150,000. Other outcomes are unlikely.

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