Haft construction co. has consistently used the input method based on costs incurred to measure progress toward completion of the project. on january 10, year 3, haft began work on a $3 million construction contract. at the inception date, the estimated cost of construction was $2,250,000. the following data relate to the progress of the contract:
gross profit recognized at 12/31/yr 3
$ 300,000
costs incurred 1/10/yr 3 through 12/31/yr 4
1,800,000
estimated cost to complete at 12/31/yr 4
600,000
in its income statement for the year ended december 31, year 4, what amount of gross profit should haft report?

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.

In 1948, the president of the united states earned a salary of $75,000. in 2000, the president earned a salary of $400,000. knowing that the cpi for 1948 is 24.1 and the cpi for 2000 is 172.2, convert the 1948 salary to constant 2000 dollars. when comparing constant dollar amounts, whose salary was worth more--harry truman, president in 1948, or bill clinton, president in 2000