Business, 19.10.2019 05:20 nyiamcbride5630
During fy 2017, the voters of surprise county approved construction of a $21 million police facility and an $11 million fire station to accommodate the county's population growth. the construction will be financed by tax-supported bonds in the amount of $30 million, a $1 million economic stimulus grant, and a portion of future use tax revenues. during 2017, the following events and transactions occurred.
1. issued $100,000 of 6 percent bond anticipation notes to cover preliminary planning and engineering expenses.
2. incurred architecture and engineering costs in the amount of $60,000. they were split evenly between the two projects.
3. entered into a construction contract for $32 million—$21 million was for the police facility and $11 million was related to the fire station.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 19:40, biasmi70
Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i. e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35
Answers: 2
Business, 22.06.2019 21:30, dondre54
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
Business, 22.06.2019 21:40, mackenziemelton26
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
You know the right answer?
During fy 2017, the voters of surprise county approved construction of a $21 million police facility...
Questions in other subjects:
Mathematics, 24.02.2021 02:50
Mathematics, 24.02.2021 02:50
Mathematics, 24.02.2021 02:50
Mathematics, 24.02.2021 02:50
Mathematics, 24.02.2021 02:50
Mathematics, 24.02.2021 02:50
