Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Brierton Company enters a contract at the beginning of year 1 to build a new federal courthouse for a price of $16 million. Brierton estimates that total cost of the project will be $12 million, and will take four years to complete.

Costs incurred Payments from federal government

Year 1 $4M $2M
Year 2 $4M $2M
Year 3 $2M $6M
Year 4 $2M $6M

1. If Brierton used percentage-of-completion method to account for this project, what would they have reported as profit in year 2?

2. If Brierton used cash accounting to account for this project, what would they have reported as profit (loss) in year 2?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M998439

Have any Question? 


Related Questions in Business Management

The green organization has contracted with you to develop a

The Green Organization has contracted with you to develop a training program for improving performance and effectiveness in their regional offices globally in the Real Estate Group. The Group accounts for over 10% of gro ...

In a data system a is the number of digits per message b is

In a data system A is the number of digits per message, B is the hashcode generated for each message, where A>B. Derive an expression showing the number of messages that will have the same hashcode.

1 is creating a timeline more important for the design of

1. Is creating a Timeline more important for the design of the project then for actually coding it? How so? 2. Is it possible to translate a feature, like Panorama, that uses multiple screens in a desktop environment, to ...

Suppose that there are n buyers participating in an auction

Suppose that there are n buyers participating in an auction, where the private values V 1 , V 2 ,...,V n  are independent and identically distributed, with the cumulative distribution function F i (v i ) = (v i ) 2  for ...

You have been appointed training director for a large

You have been appointed training director for a large contract security organization and are restructuring the training program for security officers. Assuming you have an unlimited training budget, address issues relate ...

Choose 2qi tools think back to the qi toolbox in the weekly

Choose 2QI tools (think back to the QI Toolbox in the weekly presentations) and explain them. How are they used and why

Assignment instructionsthe research paper should be

Assignment Instructions The research paper should be completed around information on a company of your choice. The research on the company must: Include a brief summary of the organization. Explain how the processes of t ...

Repeat given exercise for the following situation there are

Repeat given Exercise for the following situation. There are two pubs in a neighborhood. Three friends, Andrew, Mike, and Ron, like to cap off their working days with a beer at the pub. Each of them gains a utility of 2 ...

Juki mara is dallas based company specializing in

Juki Mara is Dallas based company specializing in climate-controlled pet houses. According to thecompany's VP of Operations, their market segments basically compromise of high-end customers whoare either dog or cat owner ...

Read the case and answer the questionscienceco case study -

Read the case and answer the question ScienceCo Case study -  managing an expert workforce ScienceCo was founded in 1995. It is a medium-sized, science and technology-based consultancy company, located on the outskirts o ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro