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Business, 07.04.2020 22:08 61497

Blossom Construction enters into a contract with a customer to build a warehouse for $930000 on March 30, 2021 with a performance bonus of $50000 if the building is completed by July 31, 2021. The bonus is reduced by $10000 each week that completion is delayed. Blossom commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Completed by Probability July 31, 2021 65% August 7, 2021 25% August 14, 2021 5% August 21, 2021 5% The transaction price for this transaction is

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Blossom Construction enters into a contract with a customer to build a warehouse for $930000 on Marc...
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