On march 1, 2017, wildhorse construction company contracted to construct a factory building for fabrik manufacturing inc. for a total contract price of $8,310,000. the building was completed by october 31, 2019. the annual contract costs incurred, estimated costs to complete the contract, and accumulated billings to fabrik for 2017, 2018, and 2019 are given below: 2017 2018 2019 contract costs incurred during the year $2,871,000 $2,304,900 $2,114,100 estimated costs to complete the contract at 12/31 3,509,000 2,114,100 –0– billings to fabrik during the year 3,220,000 3,530,000 1,560,000 (a) using the percentage-of-completion method, prepare schedules to compute the profit or loss to be recognized as a result of this contract for the years ended december 31, 2017, 2018, and 2019. (ignore income taxes.)
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Business, 21.06.2019 18:40
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Business, 21.06.2019 19:20
You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?
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Business, 22.06.2019 06:40
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Business, 22.06.2019 08:30
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On march 1, 2017, wildhorse construction company contracted to construct a factory building for fabr...
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