Answer:
$15 million
Explanation:
Franklin Construction
Construction costs incurred $54,000,000
Less total estimated costs ($44+$27) $69million
The anticipated loss $15 Million
Franklin will recognize anticipated gross loss of $15 million in the first year if it recognizes revenue over time according to percentage of completion method which is ($54 million contract price less total estimated costs of $69million)
No enough information added
Answer:
enduring;
situational
Explanation:
The concept of enduring participation implies the existence of a long-term relationship, regardless of the current situation.
Situational participation depends on the moment and how attractive the event is in a specific period of time.
Answer:
The correct answer is: substitutes.
Explanation:
A decrease in the supply of good B will cause the supply curve to move to the left. This leftward shift in the supply curve will cause the price of good B to increase.
The consumers will prefer a cheaper substitute, so when the price of good B increases, the demand for good C will increase.
This indicates that good B and good C are substitute goods.
When there is an increase in quantity demanded, there will be a movement downward and to the right along a demand curve.
<h3>What is a demand curve?</h3>
On a demand graph, the curve shows the relationship between the price of a good and quantity demanded for its at a given period of time.
However, when there is an increase in quantity demanded, there will be a movement downward and to the right along a demand curve.
Therefore, the Option A is correct.
Read more about demand curve
<em>brainly.com/question/9469192</em>