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Percentage-of-Completion Method of Accounting On January 2, 2018, JCR Jets, a calendar-year company, accepts a contract with a major airline to build four jets. JCR

Percentage-of-Completion Method of Accounting On January 2, 2018, JCR Jets, a calendar-year company, accepts a contract with a major airline to build four jets. JCR accepts a fixed fee of $300 mill...

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