Current Attempt in Progress Wilson Corp. enters into a contract with a customer to...
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Wilson Corp. enters into a contract with a customer to build an apartment building for $ The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $ to be paid if the building is ready for rental beginning August The bonus is reduced by $ each week that completion is delayed. Wilson commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:
tableCompleted byProbabilityAugust
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