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Business, 25.04.2020 01:32 stacy021603
Agasse Industries began construction of a new facility and took out a $1,500,000, 12% construction loan on April 1, 2021. Agasse made payments to the general contractor of $310,000 on April 1, $810,000 on August 31, and $410,000 on December 31. Required: Compute the amount of interest that Agasse would capitalize in 2021. (Do not round intermediate calculations.)
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Business, 22.06.2019 16:00, hany90
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
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Business, 22.06.2019 19:50, lucky1940
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
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Agasse Industries began construction of a new facility and took out a $1,500,000, 12% construction l...
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