Business, 20.10.2020 20:01 KenzieSparkles
On February 1, 2018, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,180,000. During 2018, costs of $2,060,000 were incurred with estimated costs of $4,060,000 yet to be incurred. Billings of $2,560,000 were sent, and cash collected was $2,310,000. In 2019, costs incurred were $2,560,000 with remaining costs estimated to be $3,690,000. 2019 billings were $2,810,000 and $2,535,000 cash was collected. The project was completed in 2020 after additional costs of $3,860,000 were incurred. The company's fiscal year-end is December 31. Arrow recognizes revenue over time according to percentage of completion.
Answers: 2
Business, 22.06.2019 07:20, staxeeyy767
Richardson hired j. c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j. c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."
Answers: 1
Business, 22.06.2019 09:30, linnybear300
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
Answers: 3
On February 1, 2018, Arrow Construction Company entered into a three-year construction contract to b...
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