In Year 1 a Contractor Agrees to Build a Building

question 108

Multiple Choice

In year 1 a contractor agrees to build a building for $2,500,000 by the end of year 2.The builder's cost is estimated to be $1,800,000.The actual costs year 1 are $900,000 and year 2's actual costs are $1,100,000.Under the percentage of completion method year 2's gross profit is

• A)$150,000.
• B)$500,000.
• C)$700,000.
• D)$350,000.

---

Definitions:

Sexual Intercourse

The physical act between individuals that involves the genital organs and is often related to reproduction and the expression of intimacy and love.

Sexual Debut

Having sexual intercourse for the first time.

Internal Working Model

A cognitive framework comprising mental representations for understanding the world, self, and others that influence one's relationships throughout life.

Attachment Theorists

Researchers who study the emotional bond between humans, particularly between infants and their caregivers, and how these early attachments affect later emotional development.