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Kisachek [45]
4 years ago
7

Tamarisk Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer

e $4,140,000 on March 1, $2,760,000 on June 1, and $6,900,000 on December 31.Tamarisk Company borrowed $2,300,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 5-year, $4,600,000 note payable and an 11%, 4-year, $8,050,000 note payable. Compute avoidable interest for Tamarisk Company. Use the weighted-average interest rate for interest capitalization purposes. (Round "Weighted-average interest rate" to 4 decimal places, e.g. 2.5125 and final answer to 0 decimal places, e.g. 5,275.)Avoidable Interest $=
Business
1 answer:
kogti [31]4 years ago
5 0

Answer:

Avoidable interest are $569,564.64  

<em />

<em>The answer and procedures of the exercise are attached in a microsoft excel document.  </em>

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

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A cut in tax rates effects equilibrium real GDP through two​ channels: ________ disposable income and consumer​ spending, and​ _
Paha777 [63]

Answer:

increases; increases

Explanation:

A cut in tax rate has numerous advantages and disadvantage to the economy both in long-run and short-run. A cut in tax rates increases the discretionary cash flow of people, which drives them to expand their utilisation spending. A cut in charge rates increment the size of the multiplier impact

3 0
3 years ago
Shen is concerned that a decline in interest rates might lead to annual income from his investments. If interest rates _________
Crank

Answer:

Decline

Increase

Increase

Bond with low interest rate.

Explanation:

A decline in interest rates might lead to a decline of annual income

and if interest rates increase the value of earnings from his investments will Increase

Given that his goal is to save for retirement and not to sell off, The bonds that poses the biggest risk is the bond with a low interest rate

8 0
3 years ago
SOMEONE PLEASE HELP!
marin [14]



Answer:Wouldn't this count as cheating If someone found out?????

7 0
3 years ago
Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are pro
SCORPION-xisa [38]

Answer:

4,513 approx.

Explanation:

The computation of the minimum number of jars of silver polish is shown below:-

Sales revenue for one jar of silver polish    $5.60

Sales revenue for 1/4 pound of Grit 337     0.85

($3.40 ×  1 ÷ 4)

Incremental revenue from

further processing                                        $4.75

($5.60 - 0.85)

Incremental costs of further processing:

Processing costs                      $2.40

Selling costs                              $0.40          $2.80

Incremental contribution

margin from further

processing into silver polish

per jar                                                            $1.95

($4.75 - $2.80)

Point of indifference denotes the point where all options are equally profitable. But after that we will see that more processing is profitable. This is due to the fixed costs involved in further production.

Thus Minimum number of jars needed to produce to justify the further processing = Avoidable Fixed cost ÷ Incremental contribution

= $8,800 ÷ $1.95

= 4,513 approx.

8 0
3 years ago
When the fed buys government bonds, the reserves of the banking system a. decrease, so the money supply increases. b. decrease,
Advocard [28]
<span>When the fed buys government bonds, the reserves of the banking system :C. </span><span>increase so the money supply increases
</span><span>
when the feds buys government bonds, the money will be transferred to citizens who sell the bond. This citizens will put some of the money in the banks which will increase the reserve in banking system and will spend some of it to buy products which will increase the money supply </span>
3 0
4 years ago
Read 2 more answers
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