subject
Business, 16.12.2019 19:31 annalaurie7

Acompany has a contract to build a bridge for $100,000 with an estimated time to completion of three years. a reliable total cost estimate for the project would be $60,000. in the first year of the project, the company incurred a cost of $24,000.(a) assume that the contractor bases the degree of completion on the percentage of total costs incurred to date. under the percentage-of-completion method, what amount of gross profit the company will report in the first year? (b) under the completed contract method, what amount of gross profit the company will report in the first year?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:30
How did lani lazzari show her investors she was a good investment? (site 1)
Answers: 3
question
Business, 22.06.2019 03:20
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
question
Business, 22.06.2019 11:20
Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii
Answers: 1
question
Business, 22.06.2019 16:50
According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses
Answers: 2
You know the right answer?
Acompany has a contract to build a bridge for $100,000 with an estimated time to completion of three...
Questions
question
Social Studies, 16.10.2019 11:30
question
Advanced Placement (AP), 16.10.2019 11:30
Questions on the website: 13722361