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How much revenue should Morris recognize

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Problem - On January 1, Morris Company offered a customer a 10% trade discount if the customer purchases 1,000 units of an item within the next 6 months. Each item sells for $100. Based on the customer's previous purchase history, Morris believes there is a 60% chance that the customer will purchase more than 1,000 units. In January, the customer purchases 200 units on credit. How much revenue should Morris recognize related to this customer?

Reference no: EM132889988

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