In the simplest sense, a ratio of the percentage of completion is determined and applied to the expected gross profit on the contract to determine the gross profit and revenue to be recognized in the financial statements.
A new partnership between Builder Homesite Inc. and SalesSimplicity.net is designed to ensure that the two companies' software will integrate seamlessly.
The 540 acres of rolling hills, creeks and deep canyon that form The Bridges master-planned community in Rancho Santa Fe, Calif., seem a replica of the ancient hillsides in Italy's Tuscany region.
The National Homeowner Satisfaction Study (September 2002 PB) revealed that builders in the top 25% of customer satisfaction had 52% more closings for 2001 than those in the bottom 25%.