Business, 15.04.2020 22:13 jessieeverett432
Gleason Construction enters into a long term fixed price contract to build an office building for $28,000,000. In the first year of the contract Gleason incurs $5,000,000 of cost and the engineers determined that the remaining costs to complete are $18,000,000.
How much gross profit or loss should Gleason recognize irn Year 1 assuming the use of the completed -contract method?
A. $178,571 loss
B, SO profit
C. $5,000,000 loss
D. $2,500,000 profit
Answers: 3
Business, 22.06.2019 11:00
Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified
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Business, 22.06.2019 19:40
Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries
Answers: 3
Business, 23.06.2019 01:00
As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.
Answers: 2
Gleason Construction enters into a long term fixed price contract to build an office building for $2...
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