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Help me answer the problem attached, I'll make sure to thumbs you up. Thanks! Question 28 Not yet answered Marked out of 2.00 P Flag
Help me answer the problem attached, I'll make sure to thumbs you up. Thanks!
Question 28 Not yet answered Marked out of 2.00 P Flag question Marle Construction enters into a contract with a customer to build a warehouse for P850,000 on March 30, 2021 with a performance bonus of P50,000 if the building is completed by July 31, 2021. The bonus is reduced by P10,000 each week that completion is delayed. Marle commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Completed by Probability 65% July 31, 2021 August 7, 2021 25% August 14, 2021 5% August 21, 2021 5% The transaction price for this transaction isStep by Step Solution
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