Richard has recently finished college and is about to prepare for his exam to

Computing Revenues under Long-Term ContractsCamden Corporations agreed to build a warehouse for a client at an agreed contract p

Fudgin [204]

Answer and Explanation:

Computation:

Cost-to-cost method

Year Cost cost(%) Revenue Income

2016 $202,500 30% $270,000 $67,500

2017 $337,500 50% $450,000 $112,500

2018 $135,000 20% $180,000 $45,000

Total $675,000 100% $900,000 $225,000 

Cost % = Cost of particular year / Total cost

Revenue:

Year 2016 =$900,000 × 30% = $270,000

Year 2017 = $900,000 × 50% = $450,000

Year 2018 = $900,000 × 20% = $180,000.

Income:

= Revenue - Cost

Year 2016 = $270,000 - $202,500

Year 2017 = $450,000 - $337,500

Year 2018 = $180,000 - $135,000

7 0

3 years ago

If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate

Lorico [155]

Answer:

The rate of job separations= 0.08

Explanation:

If s is the rate of job separation, f is the rate of job finding, and both rates are constant, then the unemployment rate is approximately: s/(s + f) therefore, rearranging terms to find job separation and indicating unemployment by Um, we have =

f*Um / ( 1-Um) = 0.125*( 0.56) / ( 1- 0.125 ) = 0.08.

5 0

3 years ago

When consumers purchase cell phones, they also often purchase a protective case to take care of the cell phone. As the price of

choli [55]

Answer: Complements

Explanation: In simple words, complement goods refers to those goods which are used together for example - petrol and petrol car. These goods have negative elasticity of demand, means when the price of one increases the demand for the other decreases.

Hence from the above we can conclude that phone and phone case is an example of complementary goods.o the other decreases.

5 0

2 years ago

Ninety-eight homeowners brought action seeking to enjoin as a nuisance the construction and operation of a ready-mix concrete pl

Whitepunk [10]

Answer:

The spirit of personal irritation is associate intervention with the utilization and pleasure of land. So long because the intervention is considerable and unreasoning, and love would be aggressive or problematic to the conventional individual, nearly any disruption to the satisfaction of property could quantity to a nuisance.

6 0

3 years ago

the government of west Tarragon declared the lowest unit of its currency to be redundant from the next quarter.The polka, which

natima [27]

Answer:

E. Most cash purchases are likely to be rounded off to a higher unit of the currency once the polka is taken out to the system.

Explanation:

A nation's inflation rate is given by the general rise in the price of its products and services. If the Polka is taken out of circulation, and most businesses will start rounding off their prices to a higher unit, then the general price level in West Tarragon will rise. If the Polka wasn't worth that much then the rise in the general price level will be small, but it still will be an increase.

6 0

2 years ago