On 1/1/2015, the firm signed on a three-year-contract with a total billings of $1,500.
2015 2...
Business, 23.11.2019 07:31 dayanaraa61
On 1/1/2015, the firm signed on a three-year-contract with a total billings of $1,500.
2015 2016 2017
contract price 1,500 1,500 1,500
costs to date 500 900 1,200
estimated completion 500 400 0
costs
under the percentage of completion method, the net income reported for 2016 is
Answers: 1
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