Algae Builds Large Ships and Uses the Percentage of Completion

question 4

Multiple Choice

Algae builds large ships and uses the percentage of completion method of revenue recognition.The following information pertains to the construction contracts it had in place as of its December 31,2018 year-end.

How much revenue will Algae recognize in 2017?

• A)$260 million
• B)$325 million
• C)$433 million
• D)$1,300 million

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Definitions:

Treatment

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Outcomes

Outcomes are the results or consequences of actions, decisions, or processes, which can be evaluated to determine their effectiveness or impact.

Gender Differences

Refers to the distinctions in characteristics, roles, behaviors, and biological attributes traditionally associated with masculinity and femininity.

Past Research

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