Portfolio A has a beta of 1.0 and an expected return of 22%. Portfolio B has a beta of 2.0 and an expected return of 17%. The ri
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Answer:
Gross Profit in Year 1 = $200000
so correct option is B. $200,000
Explanation:
given data
historical preservation project = $2,500,000
time = 2 year
estimated costs = $2,000,000
Actual costs Years 1 = $800,000
Actual costs Years 2 = $900,000
to find out
what amount of gross profit would Superior report in Year 1
solution
we find here first Percentage Completion that is express as
Percentage Completion = Cost to date ÷ Estimated Total Cost .............1
put her value we get
Percentage Completion =
Percentage Completion = 40%
and
Revenue Recognized will be here
Revenue Recognized = Percentage Completion × Total estimated Revenue ...............2
Revenue Recognized = 40 % × 25000000
Revenue Recognized = 1000,0000
so here Gross Profit in Year 1 will be
Gross Profit in Year 1 = Revenue Recognized - Cost to date of year 1 ..............3
Gross Profit in Year 1 = 1000,0000 - v800000
Gross Profit in Year 1 = $200000
so correct option is B. $200,000
Answer: $1,203.49
Explanation:
The equal contributions will be an annuity. The $3,500 already there will also grow at 6% for 3 years. Expression is;
8,000 = ( 3,500 * ( 1 + 6%)^3) + Contribution * Future value interest factor of annuity, 3 years, 6%
8,000 = 4,168.56 + Contribution * 3.1836
Contribution = (8,000 - 4,168.56) / 3.1836
Contribution = $1,203.49
