Blossom, Inc. began work in 2021 on a contract for $20720000. Other data are as follows: 2021 2022 Costs incurred to date $8880000 $13900000 Estimated costs to complete 5920000 0 Billings to date 6960000 20800000 Collections to date 4960000 17900000 If Blossom uses the percentage-of-completion method, the gross profit to be recognized in 2021 is $3552000. $4000000. $5560000. $5920000.

the  gross profit using  the percentage-of-completion method is $3,552,000

Explanation:

The computation of the gross profit using  the percentage-of-completion method is given below

= Contract Value × given percentage - total cost incurred

= $20,720,000 × $8,880,000 ÷ ($8,880,000 + $5,920,000) - $8,880,000

= $12,432,000 - $8,880,000

= $3,552,000

hence, the  gross profit using  the percentage-of-completion method is $3,552,000

mauve company permits employees to occasionally use the copying machine for personal purposes

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.