Maurice Tutor

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 305 Weeks Ago, 4 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Algebra Posted 17 Aug 2017 My Price 3.00

Penner Builders

Penner Builders contracted to build a high-rise for $28,000,000. Construction began in 2014 and is expected to be completed in 2017. Data for 2014 and 2015 are:

      2014                      2015        

               Costs incurred to date                                                                   $3,600,000       $10,400,000

               Estimated costs to complete                                                       14,400,000            9,600,000

Penner uses the percentage-of-completion method.

Instructions

(a)     How much gross profit should be reported for 2014? Show your computation.

(b)     How much gross profit should be reported for 2015? Show your computation.

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Aug 2017 07:08 PM My Price 3.00

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