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Company: Bechtel Corporation Project: Airport Expansion Contract Value: $100,000,000 Percentage Completed: 50% Bechtel Corporation is expanding an airport under a $100,000,000 contract. Upon reaching 50%

  • Company: Bechtel Corporation
  • Project: Airport Expansion
  • Contract Value: $100,000,000
  • Percentage Completed: 50%

Bechtel Corporation is expanding an airport under a $100,000,000 contract. Upon reaching 50% completion, how much revenue should Bechtel recognize based on the percentage of completion method?

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