1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sever21 [200]
3 years ago
12

g Cole Co. began constructing a building for its own use in January 2021. During 2021, Cole incurred interest of $50,000 on spec

ific construction debt, and $20,000 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during 2021 was $40,000. What amount of interest should Cole capitalize
Business
1 answer:
slava [35]3 years ago
7 0

Answer: $40,000

Explanation:

Interest that is accrued as a result of a building should be capitialized to the cost of that building. The amount of interest payment that is due to the building will simply be the interest payment that the company would have avoided incurring had it not undertaken the construction of the building.

This amount is represented by the interest computed on the weighted-average amount of accumulated expenditures which in this case is $40,000 so that is the amount that should be capitalized by Cole Co.

You might be interested in
Cushman Company had $846,000 in sales, sales discounts of $12,690, sales returns and allowances of $19,035, cost of goods sold o
Inessa [10]

Answer:

Explanation:

I'm pretty sure that gross profit is simply just sales-Cost of goods sold

846,000-401,850= 444,150

5 0
3 years ago
A company is trying to decide which service to subscribe to that will provide datasets containing demographic data on consumers.
poizon [28]

Answer:

The correct answer is Acxiom, Experian, Media Audit.

Explanation:

Demographics are general information about groups of people. Depending on the purpose, the data may include attributes such as age, sex and place of residence, as well as social characteristics such as occupation, family situation or income. In web analytics and online marketing, demographics are used to provide a deeper insight into a website's target audience or to create the so-called people. Demographic data is used primarily for the strategic use of tailoring offerings to the respective target group and can also be used as the basis for business analysis and performance reporting.

6 0
3 years ago
The total cost of producing a given level of output is:____.
Sholpan [36]

Answer:

The total cost of producing a given level of output is:____.

d. minimized when the ratio of marginal product to input price is equal for all inputs.

Explanation:

With the above situation, the marginal cost (input price) = the marginal revenue (marginal product).  The producer can then maximize profit if it can lower its average total cost per unit below the marginal cost for producing one additional unit of its product.  In all cost situations, it is better for the producer to have the total revenue exceeding the total costs, at all times, but more especially with increasing production.

6 0
3 years ago
because conumers today are presented with so many choices it is generally best if your advertising is
Elanso [62]

Answer:

Explanation:

Serving them with a unique (service/product usage) experience they will not receive form the competition. Create and make a difference for them and tell them about that.

E.g. - the idea of exclusivity air a personalized approach.

4 0
3 years ago
The current price for a good is ​$​, and units are demanded at that price. The price elasticity of demand for the good is . When
Harman [31]

Answer:

Consumer surplus decreases by $180.

Explanation:

Current consumer surplus =  $25 * 90 unit = $2250

If the price of goods drop to $23 then the new consumer surplus will be

$23 * 90 units = $2070

The change in consumer surplus is $180 .

3 0
3 years ago
Other questions:
  • 10. Regarding veal, lamb, or pork, the term noisette would properly refer to
    5·1 answer
  • How do many corporations most likely manage the health and safety of their employees and the workplace?
    7·1 answer
  • "according to ted levitt, what is the definition of a product? what satisfactions do customers want?"
    15·1 answer
  • Describe two ways that technology changed people's lives in the 1990s
    11·2 answers
  • Allison Duval, CFE, has been retained by National Mortgage Company to investigate some suspicious activity. As part of her exami
    5·1 answer
  • A firm that decides to emphasize those goods with the highest contribution margin per unit may have made an incorrect decision w
    8·1 answer
  • Innovative Products reported net income of $219,000. Beginning and ending inventory balances were $44,500 and $46,500, respectiv
    15·1 answer
  • During 2021, Terps Company issued 800,000 coupons which entitles the customer to a $5.00 cash refund when the coupon is submitte
    6·1 answer
  • Your portfolio has grown from $2500 to $3800 what is the percent of the growth rate
    13·1 answer
  • Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!