Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem 1: AJD Builders Construction Company enters into a contract with a customer to build a 50 kilometers road for P100,000,000, with a performance bonus of P60,000,000 that will be paid based on the timing of completion. The amount of the performance bonus decreases by 10% per week for every week beyond the agreed-upon completion date. The contract requirements are similar to contracts that AJD Builders has performed previously, and management believes that such experience is predictive for this contract. Management estimates that there is a 60% probability that the contract will be completed by the agreed-upon completion date, a 30% probability that it will be completed one week late, and only a 10% probability that it will be completed two weeks late. Determine the probability-weighted amount for the management to determine the transaction price.
a. P96,000,000 b. P111,000,000c. P142,200,000 d. P157,000,000
The employee has $86 in federal income taxes withheld. What is the amount of this employee's net pay for the first week of January
Equipment acquired at the beginning of the year at a cost of $125,000 has an estimated residual value of $5,000 and an estimated useful life of eight years. Determine
Describe the relationship between financial statements and the supplemental components in an annual report. Determine the effects of transactions on accounting
What price would you like to see the stock price reach at the minimum after you are vested to make the stock options worth considering
Construct a payoff table for the president's R&D investment problem. Based on the maximin criterion, what decision should the president make? Based on the maximax criterion, what decision should the president make Based on the minimax regret criteri..
Prepare journal entries to record all the transactions, and identify the fund(s) used. statement of revenues, expenditures, and changes in fund balance.
At a recent board meeting, the directors discussed the year's results, following wh ich the chairman asked for suggestions to improve the situation.
discounts of $115,000, sales returns and allowances of $136,000, shipping charges of $28,000, sales commissions of $47,000, net income of $276,500, and cost of goods sold of $433,000. What is the gross profit/margin for the period
The management of Milque Corp. is considering the effects of various inventorycosting methods on its financial statements and its income tax expense.
On January 2, 2012, Novak Corporation issued $1,050,000 of 10% bonds at 97 due December 31, 2021. Prepare the journal entry to record the redemption
Compute the total salary expense, the total withholdings from employee salaries, and the actual direct deposit of payroll for the first week of January
abc company had the following account balance after adjusting journal entries 12-31-09 cash 120000 accounts receivable
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd