On January 15, 2024, Bella Vista Company enters into a contr…

On January 15, 2024, Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specified a delivery date of March 1, 2024. The equipment was not delivered until March 31, 2024. The contract required full payment of $75,000 by April 30, 2024. On which date should Bella Vista recognize revenue on this contract?

Facts for questions 20 to 29 Cooper Construction Company had…

Facts for questions 20 to 29 Cooper Construction Company had a contract starting April 2024, to construct a $24,000,000 building that is expected to be completed in September 2026, at an estimated cost of $22,000,000. At the end of 2024, the costs to date were $10,120,000 and the estimated total costs to complete had not changed. The progress billings during 2024 were $4,800,000 and the cash collected during 2024 was 3,200,000.  Use these facts to answer questions 20 to 29.

[FinA] Susann is a driver for a rideshare service. She often…

 Susann is a driver for a rideshare service. She often runs through red lights to get her customers to their destinations quicker and has accrued 10 points on her license from running red lights. If she gets an additional point, she will have her license suspended and will not be able to make any money through the rideshare service. What is the behavior-altering effect of the high number of points on her license?