Business, 06.05.2020 03:15, canyonrico05
Bramble Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $5,049,200 on January 1, 2017. Bramble expected to complete the building by December 31, 2017. Bramble has the following debt obligations outstanding during the construction period. Construction loan-12% interest, payable semiannually, issued December 31, 2016 $1,986,000 Short-term loan-10% interest, payable monthly, and principal payable at maturity on May 30, 2018 1,612,700 Long-term loan-11% interest, payable on January 1 of each year. Principal payable on January 1, 2021 1,005,400 Incorrect answer. Your answer is incorrect. Try again. Assume that Bramble completed the office and warehouse building on December 31, 2017, as planned at a total cost of $5,240,800, and the weighted-average amount of accumulated expenditures was $3,806,600. Compute the avoidable interest on this project.
Answers: 1
Business, 22.06.2019 13:50, tinasidell1972
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
Business, 22.06.2019 19:00, makaylahunt
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u. s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
Bramble Furniture Company started construction of a combination office and warehouse building for it...
Mathematics, 17.11.2020 20:00
Chemistry, 17.11.2020 20:00
History, 17.11.2020 20:00