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Cost and Profit in Excess of Billings is calculated by: O Adding company earned profits and actual cost to date and subtracting billings O Subtracting

Cost and Profit in Excess of Billings is calculated by: O Adding company earned profits and actual cost to date and subtracting billings O Subtracting expenses from the company's revenue O Subtracting earned profits and actual cost to date from billings O Subtracting total assets from total liabilities

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