Homework Answers
| Year 1 | Year 2 | |
| Revenue | 48*18/(18+27) = $19.20 million | 48-$19.20 million = $28.80 |
| Gross profit | $19.20 million - 18 = $1.20 million | $28.80-28 = $0.80 million |
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A construction company entered into a fixed-price contract to build an office building for $48 million....
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