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Build-It-Better Constructions Received a Contract to Build a Convention Centre

Question 56

Multiple Choice

Build-it-Better Constructions received a contract to build a convention centre for $23 000 000.It estimated total costs to be $16 000 000 over a three-year construction period: $5 000 000 in Year 1,$7 000 000 in Year 2,and $4 000 000 in Year 3.What is the total project revenue from the convention centre?


A) $16 000 000
B) $23 000 000
C) $18 000 000
D) $7 000 000

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