HappyBeatrice2570 HappyBeatrice2570

15-02-2024
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Assume the following facts for a construction contract that was completed over four years. The contract price is $5.9 million. Required: Using the percentage of completion method, what is the revenue recognized for each year?
A) $1.475 million
B) $1.475
C) $1.475 million
D) $1.475

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