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Coronado Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures w

lubasha [3.4K]

Answer:

Coronado Industries

The weighted-average accumulated expenditures are:

= $8,388,333.

Explanation:

a) Data and Calculations:

Amount borrowed on June 1 = $3,170,000

Interest rate = 13%

Outstanding 11% 3-year note payable = $6,350,000

Outstanding 12% 4-year note payable = $12,350,000

Date Expenditure Weight Weighted-Average

Expenditure

March 1 $6,370,000 10/12 $5,308,333

June 1 $5,280,000 7/12 3,080,000

December 31 $8,650,000 0/12 0

Weighted-average accumulated expenditure $8,388,333

7 0

3 years ago

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither

alina1380 [7]

Answer:

producer surplus

consumer surplus

neither

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

The highest amount i was willing to buy the watch is $71 but the price was $65. this illustrates a consumer surplus

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

The least amount the textbook seller was willing to sell was $48 while the price the textbook was sold was $54. thus, a illustrates a producer surplus.

for statement c, a transaction did not take place, so, it is neither a producer or consumer surplus

5 0

3 years ago

In describing what adaptive expectations means to a friend, you explain that in order to make their economic condition forecasts

solniwko [45]

In describing what adaptive expectations means to a friend, you explain that in order to make their economic condition forecasts, agents consider only current information and ignore the past.

Economic conditions describe the state of the economy currently in a nation or region. These circumstances evolve over time as a result of the business and economic cycles that accompany an economy's expansion and decline. When an economy is expanding, the economic conditions are viewed as sound or good; when an economy is contracting, they are viewed as adverse or negative.

Learn more about Economic conditions here:

brainly.com/question/27139000

#SPJ4

7 0

1 year ago

Which one between vodacom and mtn can be considered as price leader in south africa ?

hammer [34]

Explanation:

Vodacom, it's one of the most popular everywhere

3 0

3 years ago

Hank Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required

Oxana [17]

Answer:

total $3.36

Explanation:

required for producing 50 gallons of wine:

2,400 ounces of grape concentrate at $0.01 per ounce = $24 / 50 = $0.48 x 1.04 = $0.50

54 pounds of granulated sugar at $0.50 per pound = $27 / 50 = $0.54 x 1.1 = $0.59

60 lemons at $0.80 each = $48 / 50 = $0.96 x 1.25 = $1.20

100 yeast tablets at $0.21 each = $21 / 50 = $0.42

100 nutrient tablets at $0.14 each = $14 / 50 = $0.28

3,700 ounces of water at $0.005 per ounce = $18.50 / 50 = $0.37

Hank estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used.

total standard cost per gallon:

grape concentrate = $0.50
granulated sugar = $0.59
lemons = $1.20
yeast tablets = $0.42
nutrient tablets = $0.28
water = $0.37
total $3.36

3 0

3 years ago