Business, 22.11.2019 03:31 shybunny7568
Buffalo furniture company started construction of a combination office and warehouse building for its own use at an estimated cost of $10,500,000 on january 1, 2020. buffalo expected to complete the building by december 31, 2020. buffalo has the following debt obligations outstanding during the construction period. construction loan-12% interest, payable semiannually, issued december 31, 2019 $4,200,000 short-term loan-10% interest, payable monthly, and principal payable at maturity on may 30, 2021 2,940,000 long-term loan-11% interest, payable on january 1 of each year. principal payable on january 1, 2024 2,100,000 assume that buffalo completed the office and warehouse building on december 31, 2020, as planned at a total cost of $10,920,000, and the weighted-average amount of accumulated expenditures was $7,560,000. compute the avoidable interest on this project. (use interest rates rounded to 4 decimal places, e. g. 7.5825% for computational purposes and round final answers to 0 decimal places, e. g. 5,275.) avoidable
Answers: 1
Business, 21.06.2019 20:30, PerfectMagZ
Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.
Answers: 1
Business, 22.06.2019 12:50, montgomerykarloxc24x
You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?
Answers: 1
Business, 22.06.2019 16:00, ari313
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
Buffalo furniture company started construction of a combination office and warehouse building for it...
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