Question
Company: AECOM Project: Bridge Construction Contract Value: $10,000,000 Completed Work: $2,500,000 AECOM is constructing a bridge under a $10,000,000 contract. Upon completing work worth $2,500,000,
- Company: AECOM
- Project: Bridge Construction
- Contract Value: $10,000,000
- Completed Work: $2,500,000
- Project: Bridge Construction
- Contract Value: $10,000,000
- Completed Work: $2,500,000
AECOM is constructing a bridge under a $10,000,000 contract. Upon completing work worth $2,500,000, how much revenue should AECOM recognize using the percentage of completion method?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
