Business, 25.09.2019 04:00 clairajogriggsk

Arlington company is constructing a building. construction began on january 1 and was completed on december 31. expenditures were $4,800,000 on march 1, $3,960,000 on june 1, and $6,000,000 on december 31. arlington company borrowed $2,400,000 on january 1 on a 5-year, 12% note to finance construction of the building. in addition, the company had outstanding all year a 10%, 3-year, $4,800,000 note payable and an 11%, 4-year, $9,000,000 note payable. what is the weighted-average interest rate used for interest capitalization purposes? a. 11% b. 10.85% c. 10.5% d. 10.65%what is the avoidable interest for arlington company? a. $288,000 b. $927,615 c. $328,562 d. $704,415what is the actual interest for arlington company? a. $1,758,000 b. $1,782,000 c. $1,470,000 d. $704,415what amount of interest should be charged to expense? a. $765,584 b. $1,470,000 c. $1,053,585 d. $830,384

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:00, Travon1418

Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?

Answers: 3

continue

Business, 22.06.2019 12:30, dtrdtrdtrdtrdrt1325

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Answers: 1

continue

Business, 22.06.2019 12:50, emarquez05

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Answers: 2

continue

Business, 22.06.2019 14:10, liliauedt

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level

Answers: 3

continue

You know the right answer?

Arlington company is constructing a building. construction began on january 1 and was completed on d...