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Business, 24.12.2020 02:50 lilie080202

ummary data for Mobic Inc. Job 1227, which was completed in 2021, are presented below: Bid price $ 450,000 Contract cost: 2020 (180,000 ) 2021 (195,000 ) Gross profit: 75,000 Estimated cost to complete: 12/31/2020 $ 200,000 12/31/2021 0 Assuming Mobic recognizes revenue upon project completion, what would gross profit have been in 2020 and 2021 (rounded to the nearest thousand)

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ummary data for Mobic Inc. Job 1227, which was completed in 2021, are presented below: Bid price $ 4...

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