Question: Constructing and Assessing Income Statements Using Cost to Cost Method On March 15, 2012. Frankel Construction contracted to build a shopping center Year Cash Collections

 Constructing and Assessing Income Statements Using Cost to Cost Method On

Constructing and Assessing Income Statements Using Cost to Cost Method On March 15, 2012. Frankel Construction contracted to build a shopping center Year Cash Collections Cost a contract price of $120 million. The schedule of expected which c a sh collections and contactos (a) Calculate the amount of revenue expense, and net income for each of the three years 2012 through 2014 using the cost to cost method Rounding instructions: Round percentages to the nearest whole number. Use rounded percentages for remaining calculations. Round revenue and income to the nearest who Enter Sanswers in millions under

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