Computing Revenues under Long-Term Contracts

Camden Corporations agreed to build a warehouse for a client at an agreed contract price of $ 900,000. Expected (and actual) costs for the warehouse follow: 2016, $202,500; 2017, $337,500; and 2018, $135,000. The company completed the warehouse in 2018. Compute revenues, expenses, and income for each year 2016 through 2018, and for all three years combined, using the cost-to-cost method.

Cost-to-Cost Method

% of total

Costs

expected

Revenue

Year

incurred

costs

recognized

Income

2016

Answer

Answer

Answer

Answer

2017

Answer

Answer

Answer

Answer

2018

Answer

Answer

Answer

Answer

Total

Answer

Answer

Answer

2 2/3 hours duhh silly

step-by-step explanation:

for this case we must apply distributive property to the following expression:

the distributive property states that:

then, when applying the property we have to multiply the -2 for each term within the parenthesis:

i'm assuming that it's c.)   volcanoes built the mountains and earthquakes tore them down.

45.36 feet per second

step-by-step explanation:

tyrone travels 30 miles in 58.2 minutes.  

1 mile = 5280 feet; this means he travels

30(5280) = 158400 feet in 58.2 minutes.

1 minute = 60 seconds; this means he travels 158400 feet in

58.2(60) = 3492 seconds.

this gives us the unit rate of

158400/3492 = 45.36 feet per second.