Sanjeev enters into a contract offering variable consideration. the contract pays him $1,000/month for six months of continuous consulting services. in addition, there is a 60% chance the contract will pay an additional $2,000 and a 40% chance the contract will pay an additional $3,000, depending on the outcome of the consulting contract. sanjeev concludes that this contract qualifies for revenue recognition over time. assume sanjeev estimates variable consideration as the expected value. what is the amount of revenue sanjeev would recognize for the first month of the contract?

Which term refers to the cost that motivates an economic decision

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.