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Title: This year, a contractor agrees to build a building for $2,000,000, which will be completed by the ... Post by: Sheena Maskell on Jan 9, 2017 This year, a contractor agrees to build a building for $2,000,000, which will be completed by the end of next year. The builder's cost is estimated to be $1,700,000. The actual costs this year are $800,000 and next year's actual costs are $800,000. If the tax rate is 20% and the interest rate is 10%, the look back interest for the percentage of completion method is
A) $ 0. B) $1,176. C) $2,000. D) $6,000. Title: Re: This year, a contractor agrees to build a building for $2,000,000, which will be completed by ... Post by: Yoko900 on Jan 9, 2017 Content hidden
Title: Re: This year, a contractor agrees to build a building for $2,000,000, which will be completed by the ... Post by: Sheena Maskell on Mar 20, 2017 Perfect :raised_hands:
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