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AnnyKZ [126]
3 years ago
10

The following expenditures are made during the current year: January 1, $30,000; July 1, $290,000; September 1, $800,000; and De

cember 31, $2,110,000.
The following debts were outstanding throughout the current year.
Debt Amount Construction note, 12% $100,000
Short-term note payable, 15% 400,000
Accounts payable (noninterest-bearing) 400,000

Compute the amount of interest to be capitalized in 2020.
Business
1 answer:
natulia [17]3 years ago
7 0

Answer:

Construction note 12% $100,000 = $12,000

Short-term note payable, 15% 400,000 = $60,000

Accounts payable (noninterest-bearing) 400,000 = 0

Total interest due at year end = $72,000

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4 0
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Broker Nina and Broker Vesta work for Principal Broker Griffin. Vesta is working with Marlin, who is interested in purchasing a
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B) Single agency.

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4 years ago
An investment offers a total return of 15 percent over the coming year. Janice Yellen thinks the total real return on this inves
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Answer:

The inflation rate of return is 3.60%

Explanation:

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