Noah Construction Company is building a large complex for a contract price of $5,000,000. This is a three-year project and the requirements for recognizing revenue over time are met. The total estimated cost of the project is $4,000,000 and the following information is available:
($ in thousands) Year 1 Year 2 Year 3
Costs incurred $1,000 $1,500 $1,250
Estimated completion costs $3,000 $1,500 $0
Billings $750 $1,750 $2,500
Cash collected $500 $1,500 $3,000
What entries would be made in Year 2 to record customer billing assuming revenue recognition over time?
Answers: 1
Business, 21.06.2019 19:00
Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360
Answers: 3
Business, 21.06.2019 20:30
What do economists mean when they use the latin expression ceteris paribus?
Answers: 3
Business, 22.06.2019 00:00
Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people
Answers: 1
Business, 22.06.2019 07:30
1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?
Answers: 1
Noah Construction Company is building a large complex for a contract price of $5,000,000. This is a...
Mathematics, 04.07.2019 10:30
Mathematics, 04.07.2019 10:30
Biology, 04.07.2019 10:30
English, 04.07.2019 10:30
Biology, 04.07.2019 10:30
History, 04.07.2019 10:30
Mathematics, 04.07.2019 10:30
History, 04.07.2019 10:30
English, 04.07.2019 10:30
Mathematics, 04.07.2019 10:30
Mathematics, 04.07.2019 10:30
Mathematics, 04.07.2019 10:30