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June Company is hired to do marketing for the county fair. June will be paid $300,000 plus a $50,000 bonus if ticket sales exceed last

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June Company is hired to do marketing for the county fair. June will be paid $300,000 plus a $50,000 bonus if ticket sales exceed last year's total. June estimates there is a 20% chance that ticket sales will exceed last year's. How much revenue will June recognize if it uses a probability weighted approach? 300,000 310,000 340,000 350,000

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