Can you please answer it whithin four hours ? i just editted the question because it was missing tables.. thanks.

Wharf is a real estate development corporation listed in Hong Kong. It has just won a contract to build out the Northeastern section of Kowloon to develop it into a new business park. The contract is worth approximately HKD 8,412,300,000 based off their winning bid. After accounting for the approximately HKD 6,935,000. The project is estimated to take 6 years with costs being allocated in the following table:

Calculate the Revenue and Net Income for each year using the percentage of completion method (2 pts):

Calculate the Revenue and Net Income for each year using the completed contract method (2 pts):

If you were Wharf, why would you choose to employ percentage of completion method? Why would you employ completed contract method? Which is the more aggressive, and under what conditions would this be (2 pts)?

Toshiba is in the process of unloading its semiconductor business. They have decided to sell it to a consortium of investors consisting of Bain Capital, INCJ, Apple and Hynix. Instead of using cash off their own balance sheet, the consortium borrows $19,819,500,000 cash from several major banks to finance the deal. The consortium will try to use cashflow from the semiconductorand flash business they acquire from Toshiba to finance and pay down their debt over 5 years. The calculated loan amount was based off an interest rate of 9.5% of the total value of the loan (lets make this part easy and not talk about compounding). They will make these payments in the following:

From the perspective of the Lending Banks, what is the reported costs and profit for each year under:

Installment Method (2 pts)

Cost Recovery Method (2 pts)

Which of these two methods is the more conservative and why? (1 pt)

Explain how barter transactions were employed by internet companies and for what purpose? (2 pt)

CC Corporation reported the following inventory transactions (in chronological order) for the year:

Purchase Sales

20 units at $20 11 units at $30

30 units at $25 35 units at $40

60 units at $50 60 units at $60

Assuming inventory at the beginning of the year was 10 units at $19, calculate the year-end inventory using FIFO and LIFO (1 pt).

Why is there a difference in the two values? Why do we usually find COGS higher under LIFO? (1 pt)

Year 2018 2019 2020 2021 202 2023 Total Costs 3453,0EO,CE01,380,0CH,CEO845,CHO,CIO550,0E0,GC0350,CEO,0C0357,EH,CCH6,935,0H0,CCO