In Year 1, a contractor agrees to build a building for $3,000,000 by the end of Year 2. The builder's cost is estimated to be $2,000,000. The actual costs for Year 1 are $800,000 and Year 2's actual costs are $1,150,000. Under the percentage of completion method Year 1's gross profit is A) $0. B) $300,000. C) $400,000. D) $700,000.

(blank) is the type of competition that occurs in a competitive market without identical producers.

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should