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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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A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 perce
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A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. 0.75 is the stock's beta.

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