View the step-by-step solution to:

# 'I'igaraustructiauimsigusammracmn lMayElehudamnsparLThsmnstmcnn isschsdulsdmcammsuseau1Julyllaudmasmamddatanfcamplsnniseralll-...

Based on information above, what is gross profit for each year?

'I'igarﬁaustructiauimsigusammracmn lMayEﬂlehuﬂdaﬂmnsparLThsmnstmcﬂnn
isschsdulsdmcammsuseau1Julylﬂlﬂaudﬂmasﬁmamddatanfcamplsﬁnnisﬁﬂeralﬂll-
Thetutalmntractpriusisﬁﬁmandthssustnfﬂisparkisjnjﬁaﬂyesﬁmatsdalﬂjm.ﬂ1s
faﬂnwingdatarslatasmthamnstmcﬂunperiad: Assume. mat cast {an input msasullsjl is used as the basis for assessing pmgrlass an 111::
mnsnumiunmntract.

Gross profit recognized in... View the full answer

• What is 2021
• TrangHinh
• May 14, 2018 at 3:40pm
• If we apply 2021, what is cost incur for prior year
• TrangHinh
• May 14, 2018 at 3:45pm
• zero for 2021
• jesscantular
• May 14, 2018 at 4:09pm
• 2021 = (5,000,000 x 100%) - 4,800,000 = 200,000 - 200,000 = 0
• jesscantular
• May 14, 2018 at 4:11pm
• Is there any difference when I just keep 37.78%
• TrangHinh
• May 14, 2018 at 5:38pm
• The amounts will be different. It depends on the rounding off instruction. Just revise the calculations if you use that percentage.
• jesscantular
• May 14, 2018 at 5:55pm

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

### -

Educational Resources
• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents