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quester [9]
3 years ago
5

Bergeron is a local manufacturer of off-shore drilling platforms. In 2020, Bergeron entered into a contract to construct a drill

ing platform, which will be placed in the North Atlantic Ocean. The total contract price is $5,000,000, and Bergeron estimates the total construction cost at $2,000,000. Actual costs incurred in 2020 are $600,000. If Bergeron uses the completed contract method, the gross profit for 2020 is
Business
1 answer:
forsale [732]3 years ago
6 0

Answer:

$900,000

Explanation:

The first step is to calculate the percentage completed

= 600,000/2,000,000

= 0.3

The revenue can be calculated as follows

= 5,000,000 × 0.3

= 1,500,000

Therefore the gross profit for 2020 can be calculated as follows

=1,500,000 -600,000

= $900,000

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Vilas Company is considering a capital investment of $190,100 in additional productive facilities. The new machinery is expected
zheka24 [161]

Answer:

9.49%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 =  $190,100

cash flow each year from year 1 to 5 =  $49,500

IRR = 9.49%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

6 0
3 years ago
Pls help me with this, I've been stuck for like 20 minutes​
Aneli [31]

Answer:

B ang answer in my opinion

Explanation:

sorry...hope it helps:)

7 0
2 years ago
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What is an ? (I think it’s b but idk) (aP3x)
Luda [366]

Answer:

A

Explanation:

A is <html>

B is <heading>

C is </html>

D is </heading>

6 0
2 years ago
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What is groupthink? question 5 options:
Ivahew [28]
Groupthink is <span>c. modification of the opinions of members of a group to align with what they believe is the group consensus
When a social group openly held a certain principles or perspective, their members tend to modificate their principles or perspective to align with the group's in order to avoid being considered as an outcast within the group.</span>
8 0
3 years ago
Briefly define the concepts of management and leadership and explain at least two differences between them
blondinia [14]

Answer:

Leadership is the potentiality to influence behaviour , primarily towards group encouragement towards short term goal realisation & also motivating them them to achieve long term visions.

Management is the letting work done by strategisation, organisation & coordination of people & activities to achieve defined objectives.

Differences between Management & Leadership:

Leadership includes establishing strategic decision & refining vision . Management includes planning & budgeting , developing processes & setting timelines.

Management as in idea has more essence of focusing on objectives, tends to mitigate risks. Leadership as an idea is based on vision & relationship enhancement , taking risky decisions for it .

Managers plan, allocate & synchronize individual efforts in line of objectives. Leaders motivate, encourage & energise individuals in line of the vision.

3 0
3 years ago
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