Use the information from BE7-2, but assume Shock Wave uses the completed-contract method. Compute the estimated revenue

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Use the information from BE7-2, but assume Shock Wave uses the completed-contract method. Compute the estimated revenue and gross profit to be recognized in 2008.

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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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Question Posted: May 10, 2012 01:40 AM

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Use the information from BE7-2, but assume Shock Wave uses the completed-contract method. Compute the estimated revenue

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Intermediate Accounting principles and analysis

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