Business, 02.03.2020 23:59, ezzyandrade7
Indiana Co. began a construction project in 2021 with a contract price of $150 million to be received when the project is completed in 2023. During 2021, Indiana incurred $36 million of costs and estimates an additional $84 million of costs to complete the project. Indiana recognizes revenue over time and for this project recognizes revenue over time according to the percentage of the project that has been completed.
Suppose that, in 2022, Indiana incurred additional costs of $63.75 million and estimated an additional $42.75 million in costs to complete the project. Indiana:
A. Recognized $3.75 million loss on the project in 2022.
B. Recognized $5.25 million gross profit on the project in 2022.
C. Recognized $7.5 million gross profit on the project in 2022.
D. Recognized $1.5 million loss on the project in 2022.
Answers: 3
Business, 22.06.2019 10:30, drejones338p04p2p
How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.
Answers: 1
Business, 22.06.2019 13:30, Geo777
You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?
Answers: 1
Business, 23.06.2019 05:00, autumnlyons69
Choose a well-known company that you know of, and describe its direct and indirect competitors. choose a well-known company that you know of, and describe its direct and indirect competitors. describe at least three direct competitors and three indirect competitors. at least three direct competitors and three indirect competitors.
Answers: 2
Indiana Co. began a construction project in 2021 with a contract price of $150 million to be receive...
Mathematics, 24.03.2021 14:00
Mathematics, 24.03.2021 14:00
Mathematics, 24.03.2021 14:00
Mathematics, 24.03.2021 14:00
Mathematics, 24.03.2021 14:00
Mathematics, 24.03.2021 14:00