ourses/16675/quizzes/89652/take Antiope Constructions Ltd (ACL) builds large-scale government infrastructure projects. ACL recognises revenue by applying the percentage of completion method. A current project commenced in 2018 and is expected to be completed in 2024. The contract price is $50 million and ACL expects the project's total cost to be $23 million Calculate, to the nearest dollar, the revenue ACL would recognise for the year ended 30 June 2020 if the costs incurred in the period were $6 million. D Question 42 1 pts On 31 January 2020, Dactyl Ltd invested $6 million in a 24-month term deposit earning 6% p.a. paid quarterly. Dactyl Ltd received its quarterly interest on 30 April 2020. Calculate, to the nearest dollar, the amount of interest revenue Dactyl Ltd would recognise for the year ended 30 June 2020. Question 43 1 pts On 31 January 2020, Dactyl Ltd invested $6 million in a 24-month term deposit earning 6% pa, Interest is paid quarterly and Dactyl Ltd received the interest it was due on 30 April 2020. Calculate to the nearest dollar, the amount of accrued revenue Dactyl Ltd would recognise as at 30 June 2020. MacBook Pro G Search or type URL