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
Natalka [10]
3 years ago
8

Sun Co. was constructing fixed assets that qualified for interest capitalization. Sun had the following outstanding debt issuanc

es during the entire year of construction: $6,000,000 face value, 8% interest $8,000,000 face value, 9% interest None of the borrowings were specified for the construction of the qualified fixed asset. Average expenditures for the year were $1,000,000. What interest rate should Sun use to calculate capitalized interest on the construction
Business
1 answer:
inessss [21]3 years ago
7 0

Answer:

the interest rate that should be determined the capitalized interest is 8.57%

Explanation:

The computation of the interest rate that should be determined the capitalized interest is shown below;

= $6,000,000 ÷ ($6,000,000 + $8,000,000) × 0.08 + $8,000,000 ÷  ($6,000,000 + $8,000,000) × 0.09

= 0.0857

= 8.57%

Hence, the interest rate that should be determined the capitalized interest is 8.57%

The same would be considered

You might be interested in
Cognitive dissonance theory" is most helpful for understanding the impact of:_________. 1. central route persuasion on decision
adelina 88 [10]

Answer:

4. role playing on attitude change

Explanation:

The theory of cognitive dissonance was developed by Leon Festinger, it statutes that an individual feels discomfort when they experience a conflict between their beliefs and their actions.

I hope you find this information useful and interesting! Good luck!  

3 0
3 years ago
Read 2 more answers
Which security method involves coding your readable emails into a format that is illegible
Natalka [10]
Which security method involves coding your readable emails into a format that is illegible? Cryptography. Businesses and individuals will use cryptography to keep information secret. This makes it hard for people who want to crack information and decode information that they do not have access to.
6 0
4 years ago
Not to sure abt my ans.. i need some confirmation lol
koban [17]

Answer:

your answer is correct

Explanation:

4 0
3 years ago
All of the following are appropriate benchmarks for a state or local government to use as a basis for comparing performance exce
r-ruslan [8.4K]

Answer:

Federal agencies' financial information for a comparable time period.

Explanation:

Benchmarking can be regarded as management accounting innovation, which is been utilized in both the private and the public sectors for performance measurement as management. There are alot of success reported by public sector accounting researchers with the use of benchmarking, however there is

charged problems that still exist in implementing as well as using this management technique. The appropriate benchmarks for a state or local government to use as a basis for comparing performance are;

✓Socioeconomic and demographic trends of governments of similar types and size available from U.S. Census Bureau.

✓ A government's own operating results and financial position from prior years.

✓ International City/County Management Association's Financial Trend Monitoring System results for governments of similar types and size.

8 0
3 years ago
Why have many nations chosen to use taxpayer dollars to subsidize primary, secondary, and higher education
Alona [7]

Answer and Explanation:

This is because education has a positive rate of return. Investment in Education is an investment in new knowledge which is beneficial to any country. These countries have subsidized these forms of education because they recognize that an investment in education is an investment in human capital. Which would likely increase future productivity and ability to earn money.

Education is very beneficial to the individual who gets it, but a country where it's citizens have a good level of education benefits everyone positively.

1. Better health outcomes due to breakthroughs in research.

2. Reduction in Crime rates

3. Better environment

4. Also a better government

Are reasons for using taxpayers dollars to subsidize all these levels of education.

3 0
3 years ago
Other questions:
  • You added an extra $100 to your expense statement and Sara added an extra $1000 to her expense statement. If you believe both of
    15·1 answer
  • When external benefits are present in a market?
    6·1 answer
  • Ratios Calculated
    15·1 answer
  • According to the Partnership for 21st Century Learning, what are three critical skill sets that modern employers look for in emp
    13·2 answers
  • Brace Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
    11·1 answer
  • JBC Corp. declared a dividend of $2 per share, which was an increase of 25% from the prior year, yet JBC Corp. stock declined by
    6·1 answer
  • Thad, a single taxpayer, has taxable income before the QBI deduction of $176,000. Thad, a CPA, operates an accounting practice a
    11·1 answer
  • Why are stocks considered a high-risk form of investment?
    7·2 answers
  • Требуется разработать бизнес-план проекта, в котором будут описаны следующие категории:
    7·1 answer
  • Question 1<br> Describe the role of supply, demand, and competition in a free-enterprise system.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!