Business, 24.06.2019 18:00 zachparkerzp6121
Crane inc. is a book distributor that had been operating in its original facility since 1987. the increase in certification programs and continuing education requirements in several professions has contributed to an annual growth rate of 15% for crane since 2012. crane' original facility became obsolete by early 2017 because of the increased sales volume and the fact that crane now carries cds in addition to books. on june 1, 2017, crane contracted with black construction to have a new building constructed for $5,280,000 on land owned by crane. the payments made by crane to black construction are shown in the schedule below. date amount july 30, 2017 $1,188,000 january 30, 2018 1,980,000 may 30, 2018 2,112,000 total payments $5,280,000 construction was completed and the building was ready for occupancy on may 27, 2018. crane had no new borrowings directly associated with the new building but had the following debt outstanding at may 31, 2018, the end of its fiscal year. 10%, 5-year note payable of $2,640,000, dated april 1, 2014, with interest payable annually on april 1. 12%, 10-year bond issue of $3,960,000 sold at par on june 30, 2010, with interest payable annually on june 30. the new building qualifies for interest capitalization. the effect of capitalizing the interest on the new building, compared with the effect of expensing the interest, is material. a) compute the weighted-average accumulated expenditures on new building during the capitalization period. b) compute the avoidable interest on new building. (round to one decimal place.)
Answers: 2
Business, 22.06.2019 07:50
Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.
Answers: 2
Business, 22.06.2019 23:00
Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.
Answers: 1
Business, 23.06.2019 04:00
How do i make quick money as a 13 year.old with no alouence.
Answers: 1
Business, 23.06.2019 18:10
In milton friedman's social responsibility of business is to increase its profits, what analogy does dr. friedman draw between trade union wages and corporations' decisions based on social responsibilities?
Answers: 3
Crane inc. is a book distributor that had been operating in its original facility since 1987. the in...
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