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Business, 19.10.2019 04:30 Ganggang62

On january 1, revis consulting entered into a contract to complete a cost reduction program for green financial over a six-month period. revis will receive $39,200 from green at the end of each month. if total cost savings reach a specific target, revis will receive an additional $19,600 from green at the end of the contract, but if total cost savings fall short, revis will refund $19,600 to green. revis estimates an 80% chance that cost savings will reach the target and calculates the contract price based on the expected value of future payments to be received.

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