Business, 14.10.2021 03:10 hailee6053
Cooper Construction Company had a contract starting April 2020, to construct a $24,000,000 building that is expected to be completed in September 2022, at an estimated cost of $22,000,000. At the end of 2020, the costs to date were $10,120,000 and the estimated total costs to complete had not changed. The progress billings during 2020 were $4,800,000 and the cash collected during 2020 was 3,200,000. Cooper uses the percentage-of-completion method.
For the year ended December 31, 2021, Cooper would recognize gross profit on the building of:
a. $843,333
b. $920,000
c. $1,080,000
d. $0
Answers: 2
Business, 21.06.2019 20:30
Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities
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You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
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Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:
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Cooper Construction Company had a contract starting April 2020, to construct a $24,000,000 building...
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