Answer:
$88,920
Explanation:
capitalized interest = weighted average accumulated expenditure for the year x interest rate of the loan = $889,200 x 10% = $88,920
Capitalized interest can be added to the basis of the new building that is being constructed. This way, the building's depreciable value will increase.
Answer:
leaderless group discussion
Explanation:
Based on the scenario being described it can be said that the type of term for this type of development exercise is a leaderless group discussion or LGD for short. This exercise focuses on placing individuals in a group in order to work together on solving specific problems without help from a trained professional or expert in the matters that they are dealing with.
Answer:
$678
Explanation:
Given that,
Number of shares sold = 300
Selling price of each share = $42.06
Cost of purchasing shares = $39.80 per share
Total dividend received = $1,272
We can easily determine the total capital gain on this investment by comparing the sales value and purchase value of this stock.
Total capital gain on this investment:
= Sales value - Purchase value
= (Number of units × Selling price per unit) - (Number of units × cost of purchasing per share)
= (300 × $42.06) - (300 × $39.80)
= $12,618 - $11,940
= $678
Answer:
I believe your wages, dividends, business income, capital gain, retirement distributions as well as other income should all be included in an individual gross business income
Explanation:
Let me know if this helps!
Answer:
c. An overdraft is a fee your bank charges you for opening a checking account.
Explanation:
Checking account is a deposit account with a bank or any financial institution that allows the owner of such account to make withdrawals and deposits. They are also known as demand accounts or transactional accounts. They are very liquid and allows for countless deposits and withdrawals and can be obtained by using automated teller machines, checks and electronic debits, and a number of other methods.
A checking account is unlike other bank accounts like less liquid savings or investments account it allows for countless withdrawals and unlimited deposits, and savings accounts sometimes limit both.
The statement that an overdraft is a fee that banks charges for opening a checking account is false.
Overdraft is a form of extension of credit from a finiancial institution and often granted when an account reaches zero. it allow such account holder to continue withdrawing money even though the account has no funds or insufficient funds that would cater for and cover the amount of the withdrawal. So it is not the fee that bank charges for opening a checking account, instead what checking account offers is overdraft protection in which if a checking account owner write a check or make a purchase than the funds in the checking account, the bank may cover the difference.
