Question: 12 10 points iime Kemaining Return Next A construction contract has a project where the company has a contract with its customer to earn $3

12 10 points iime Kemaining Return Next A construction contract has a project where the company has a contract with its customer to earn $3 million of Revenue for the entire project and expects to make a margin of 20% on the job. If the company spends $1.5 million of total project costs in Year 1, then how much REVENUE should the company recognize in Year 1. $1.5 million $1.875 million $2 million $2.25 million Previous Next

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