The project is estimated to take 3 years and cost 9000000


Question - Construction Co. has a $11,400,000 contract to renovate the town's theater. The project is estimated to take 3 years and cost $9,000,000. End of first year, costs are $2,300,000. What is the percentage of completion at this point?

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Accounting Basics: The project is estimated to take 3 years and cost 9000000
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