Multi-Storey Builders Ltd Had a Large Three-Year Project with Total

question 45

Multiple Choice

Multi-Storey Builders Ltd had a large three-year project with total revenue of $8 000 000 and estimated total costs of $6 500 000.The project was 20 per cent complete at the end of the first year,70 per cent complete at the end of the second year and 100 per cent complete at the end of the third year.Revenues and costs were as estimated.
- How much profit was earned during the second year if the completed contract method was used?

• A) $300 000
• B) $750 000
• C) $1 050 000
• D) $0

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Definitions:

Prenatal Viral Exposure

Exposure to a virus in the womb during pregnancy, which can potentially lead to developmental disorders or health issues in the baby.

Schizophrenia

A serious psychological condition marked by disturbances in thinking, sensing, feeling, and relating to others.

Brain Abnormalities

Structural or functional deviations in the brain that can contribute to neurological and psychiatric conditions.

Early Viral Exposure

Encounter with a virus at an early age, which could influence immune system development and potentially affect health outcomes later in life.