subject
Business, 20.08.2019 20:10 robertrkumar1

On january 1, 2014, oksana baiul, inc. signed a fixed-price contract to have builder associates construct a major plant facility at a cost of $4,410,000. it was estimated that it would take 3 years to complete the project. also on january 1, 2014, to finance the construction cost, oksana baiul borrowed $4,410,000 payable in 10 annual installments of $441,000, plus interest at the rate of 10%. during 2014, oksana baiul made deposit and progress payments totaling $1,653,750 under the contract; the weighted-average amount of accumulated expenditures was $881,999 for the year. the excess borrowed funds were invested in short-term securities, from which oksana baiul realized investment income of $268,000.what amount should oksana baiul report as capitalized interest at december 31, 2014?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:00
Answer the following questions using the data given below. annual percent return on mutual funds (n = 17) last year (x) this year (y) 11.9 15.4 19.5 26.7 11.2 18.2 14.1 16.7 14.2 13.2 5.2 16.4 20.7 21.1 11.3 12.0 –1.1 12.1 3.9 7.4 12.9 11.5 12.4 23.0 12.5 12.7 2.7 15.1 8.8 18.7 7.2 9.9 5.9 18.9
Answers: 3
question
Business, 21.06.2019 22:50
He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800
Answers: 1
question
Business, 22.06.2019 02:10
Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.
Answers: 1
question
Business, 22.06.2019 05:30
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
You know the right answer?
On january 1, 2014, oksana baiul, inc. signed a fixed-price contract to have builder associates cons...
Questions
question
Mathematics, 04.04.2020 06:03
Questions on the website: 13722363