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Business, 01.04.2021 15:50 alexshakim8893

Assume that Emmet accrues revenue each month, and estimates variable consideration as the most likely amount. On November 1, Emmet revises its estimate of the chance the building will exceed the 85% occupancy threshold to a 65% chance. What is the total amount of revenue Emmet should recognize on this contract in November of 2021

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Assume that Emmet accrues revenue each month, and estimates variable consideration as the most likel...
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