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Question three: (6 Marks) Four Seasons Hotels agreed with Talaat Mostafa Constructions Co to build for them a new hotel. It is determined that the
Question three: (6 Marks) Four Seasons Hotels agreed with Talaat Mostafa Constructions Co to build for them a new hotel. It is determined that the duration of the project 3 years The contract price is determined by EGP 80,000,000. Talaat Co. estimated the required cost to finish the project EGP 40,000,000 Given the following Accumulated actual Cost Year (1) Year (2) 20,000,000 30,000,000 41,000,000 Year (3) Required: Calculate the required profit for each year
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