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Business, 14.11.2020 06:40 tati7149

Heineken Co. began a construction project in 2019 at a total contract price of $ 150 million. The project is scheduled for completion by 2021. During 2019, Heineken incurred $ 36 million of costs and estimates an additional $ 84 million of costs to complete the project. In 2020, Heineken incurred costs of $ 58.5 million and estimated an additional $ 40.5 million in costs to complete the project. Heineken recognizes revenue on all contracts over time, as the project is being completed by using the cost to cost approach.

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Heineken Co. began a construction project in 2019 at a total contract price of $ 150 million. The pr...
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