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harkovskaia [24]
3 years ago
11

Sheridan Company borrowed $3200000 on a construction loan at 12% interest on January 2, 2020. This loan was outstanding during t

he construction period. The company also had $13800000 in 9% bonds outstanding in 2020 and 2021. The interest capitalized for 2020 was:
Business
1 answer:
Lubov Fominskaja [6]3 years ago
6 0

Answer:

$1,594,000

Explanation:

Calculation to determine what The interest capitalized for 2020 was

2020 interest capitalized= $3,200,000* 12%*11/12 + $13,800,000 * 9%

2020 interest capitalized=$352,000+$1,242,000

2020 interest capitalized=$1,594,000

Therefore The interest capitalized for 2020 was $1,594,000

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Webster preferred stock pays an annual dividend of $6.20 a share. What is the maximum price you should pay today to purchase thi
Tamiku [17]

Answer:

Maximum price = $43.50

Explanation:

<em>According to the dividend valuation model , the current price of a stock is the present value of the expected future dividends discounted at the required rate of return  </em>

This principle can be applied as follows:  

The value of cash flow the stock today is the present value of the future cash flow discounted at the required rate of return

The Di

P= D/ke

P= price of the stock today,- ?

D- annual dividend- 6.20

Ke- Cost of equity-14.25%

Price = 6.20/0/14.25=43.50

Maximum price = $43.50

7 0
3 years ago
What should you do if you determine the root cause and find that it is out of your control?
Anvisha [2.4K]

Answer:

The correct answer is the option A: Nothing. Once you determine the root cause, your work is done whether it is in your control or not.

Explanation:

To begin with, the question is related to what is called "Root Cause Analysis" known in the management field as a process by which the managers tend to identify what cause a problem by looking deeply into the root of it thanks to an excesive analysis done by a team. It is necessesary to clarify that the main purpose of this method is just to identify the problems' root and from there to come out with solutions regarding the situation if able, but it is not the point of the analysis to take action or to implement those solutions. So therefore that if the situation turns to be out of the control of the person responsible for the analysis then there is nothing he could do because his job has already been done.  

8 0
3 years ago
The demand curve in a purely competitive industry is _____, while the demand curve to a single firm in that industry is _____. p
azamat
The answer is down sloping, perfectly elastic. The demand curve for a firm in a splendidly focused market shifts altogether from that of the whole market.The advertise request bend inclines to descend, while the impeccably aggressive Association's request bend is a flat line equivalent to the harmony cost of the whole market.
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Suppose workers attend several skill-building workshops, increasing their labor productivity. how is this represented by a produ
Vinvika [58]
The increase in labour productivity either by the use of new technology or new techniques can be plotted up for a given product and compared with the old productivity without the increase to build up a production possibilies frontier curve to show how production increases accordingly and if possible, project it into the future somewhat.
4 0
3 years ago
Nazerhy deposits $8,000 in a certificate of deposit. the annual interest rate is 6%, and the interest will be compounded quarter
UNO [17]

Nazerhy deposits $8,000 in a certificate of deposit. the annual interest rate is 6%, and the interest will be compounded quarterly. The certificate worth 10 years is $14,555.17.

<h3>What do you mean by deposit?</h3>
  • A deposit is the act of giving money (or money equivalents) to an organization, most frequently a bank or other financial institution.
  • The deposit is a credit for the party that made it (individually or as a group), and it can be refunded (withdrawn) in line with the conditions set forth at the time of deposit, transferred to another party, or applied to a future purchase.
  • The primary source of funding for banks typically deposits.
<h3>What is the interest rate?</h3>
  • The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum).
  • The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.

Learn more about interest rate here:

brainly.com/question/13324776

#SPJ4

5 0
2 years ago
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