Which of the following statements is correct regarding the capitalization rate used for interest capitalization? Question 24 options: If the average accumulated expenditures are less than the specific borrowing amount, use the interest rate associated with the specific borrowing for the entire average accumulated expenditures If there are no specific borrowings, use the interest rate on the largest debt outstanding If the average accumulated expenditures are less than the specific borrowing amount, use the weighted-average interest rate for all other debt for the entire average accumulated expenditures If there are no specific borrowings, do not capitalize interest

Answers

Answer 1

Answer:

Correct Answer:

1. If the average accumulated expenditures are less than the specific borrowing amount, use the interest rate associated with the specific borrowing for the entire average accumulated expenditures

Explanation:

This Option is the correct statement regarding to capitalization rate for interest capitalization.


Related Questions

Given the following information, determine the markup per unit. Direct materials $76,000 Direct labor $130,000 Factory overhead $56,500 Selling and administrative expenses $43,000 Estimated units to be produced and sold 15,000 Total assets $200,000 Desired rate of return 10% Normal selling price per unit $21. 70 a.$21.70 b.$4.89 c.$4.20 d.$17.50

Answers

Answer:

c.$4.20

Explanation:

Calculation to determine the markup per unit.

First step is to find the Total product costs.

Total product cost will be :

Direct materials $76,000 +Direct labor 130,000 +Factory overhead 56,500

= Total product costs $262,500

Second step is to find the Total cost per unit

Using this formula

Total cost per unit=Total product costs/Estimated units to be produced and sold

Let plug in the formula

Total cost per unit= ($262,500 ÷ 15,000 units) Total product costs=$17.50

The Third step is to find the Desired profit

Using this formula

Desired profit=Total assets ×Desired rate of return

Let plug in the formula

Desired profit= ($200,000 × 10%)

Desired profit=$20,000

The fourth step is to find the markup percentage

Using this formula

Markup percentage =[(Desired profit+Selling and administrative expenses)/Total product costs ]

Let plug in the formula

Markup percentage = [($20,000 + $43,000) ÷ $262,500]

Markup percentage=$63,000/$262,500

Markup percentage=24%

The last step is to find the Markup per unit

Using this formula

Markup per unit =Total product costs/Markup percentage

Let plug in the formula

Markup per unit=($17.50 × 24%)

Markup per unit= $4.20

Therefore the Markup per unit will be $4.20

You were recently given an old notebook computer that is missing most of its peripherals and accessories. You need to obtain the components necessary to allow you to efficiently perform your job both at the office and while traveling. You would like to purchase as many of the necessary accessories and peripherals as possible from a local computer store, where your company has an account. Which accessory or peripheral will you most likely have to obtain directly from the notebook manufacturer because of its highly proprietary nature?

Answers

Answer:

docking station

Explanation:

The docking station refers to a device in which the laptop, computer system, mobile device or other peripheral devices are used for charging in order to give access to a power supply

The accessory or peripheral that you should receive from the manufacturing of the notebook contains highly proprietory nature is a docking station and this is also a drawback of it

Hence, the fourth option is correct

As part of her annual review of her​ company's budgets versus​ actuals, Mary Gerard isolates unfavorable variances with the hope of getting a better understanding of what caused them and how to avoid them next year. The variable overhead efficiency variance was the most unfavorable over the previous​ year, which Gerard will specifically be able to trace​ to:

Answers

Options:

a. Actual overhead costs below applied overhead costs

b. Actual production units below budgeted production unit

c. Standard direct labor hours below actual direct labor hours

d. The standard variable overhead rate below the actual variable overhead rate

Answer: c. Standard direct labor hours below actual direct labor hours

Explanation: The variable overhead efficiency variance can obtained by multiplying the difference between the actual and Budgeted labour hours by the hourly rate for standard variable overhead. In this case, the outcome may be favorable or unfavorable. The variable overhead efficiency variance will be favorable if the actual labor hours is less than the budgeted hours while it will be unfavorable if the actual labor hours exceed the budgeted labor hours as described in the scenario above.

function of the money.​

Answers

Answer:

The function of money is that it allows us to buy things and exchange it for things we want.

In concert with quality management programs, _______ controls help monitor the quality of goods or services at each step in the production process to alert managers to problems. feedforward concurrent feedback bureaucratic clan

Answers

Answer:

The correct answer is B) Concurrent Controls

Explanation:

Concurrent controls is a management sub-concept in Organisational Control.

Concurrent control is exerted while the activity such as production or manufacturing or service delivery is ongoing, not before or after.

If the control is executed afterwards, it no longer Concurrent but Feedback Control.

Another word for concurrent control is "Yes-No" control or Screening control. Where this is deployed, regular checks are put in place in real-time to ensure that timely course correction is made during the event.

Cheers!

Quanti Co., a calendar year taxpayer, purchased small tools for $5,000 on December 21, 2016, representing the company's only purchase of tangible personal property that took place during 2016. On its 2016 tax return, how many months of MACRS depreciation may Quanti Co. claim on the tools (assuming they do not qualify for immediate expensing/bonus depreciation)?

Answers

Answer:

1 and a half months worth of depreciation

Explanation:

The advantage of starting to depreciate an asset purchased on December is that next year you will be able to depreciate it for a full year under MACRS.  Generally, when you purchase an asset, you have to use the half year convention and your depreciation expense for the first year will be low compared to the second year. But if you start depreciating your asset in the current year, even if you purchased it on December and the depreciation expense is not that significant, the next year you will be able to depreciate it at the second year rate.

Palmer goes to a truck dealership and asks for a truck capable of handling a 5000-pound load.He makes it clear that it is up to the salesman to select an appropriate truck.Without saying anything about the truck's load-carrying capacity,the salesman selects a certain truck for Palmer.Relying on the salesman's choice,Palmer buys the truck in question.However,the truck can only handle a 2500-pound load.Palmer wants to sue the dealership because he didn't get the truck he desired.Which of the following product liability theories gives Palmer his best chance of recovery?
A) Express warranty
B) Implied warranty of fitness
C) Implied warranty of merchantability
D) Section 402A

Answers

Answer:

Correct Answer:

B) Implied warranty of fitness

Explanation:

A products liability claim normally involves injury or damage caused by a defective product. Proving the claim usually involves one or more of three basic theories of liability: negligence, breach of contract/warranty, and strict liability.

Since there was a bridge of warranty by the truck dealership despite Palmer demanding the best truck, he would be able to sue the dealership under implied warranty of fitness.

You received an email this morning where the content didnât align with the subject or the context in which you were receiving it. It was a jarring experience for you. What was this email not doing?

Answers

Answer:

not creating the right email by bringing content and context together

Explanation:

This email was apparently not creating the right email by bringing content and context together. A correct e-mail message needs to connect the content (details) and context (subject) together in order for the receiver to better understand what the message is in regards to and what the full details actually are. Otherwise, the message will either be misunderstood and/or ignored all-together, many times thinking that the message is just spam.

It will cost $7,000 to acquire an ice cream cart. Cart sales are expected to be $3,600 a year for three years. After the three years, the cart is expected to be worthless as the expected life of the refrigeration unit is only three years. What is the payback period

Answers

Answer:

It will take 2 years and 344 days to cover for the initial investment.

Explanation:

Giving the following information:

Initial investment= $7,000

Cash flow year 1 trough 3= $3,600

The payback period is the time required to cover for the initial investment:

Year 1= 3,600 - 7,000= -3,400

Year 2= 3,600 - 3,400= 200

To be more accurate:

(3,400/3,600)*365= 344

It will take 2 years and 344 days to cover for the initial investment.

Rovermand Corporation is a small organization in which each member of the company is clear about his or her responsibility and whom he or she must report to. The best feature of the organization is the quick decision making, owing to its simple and direct chain of command. In the context of organization models, Rovermand Corporation is a _____ organization.

Answers

Answer: Line

Explanation:

Line organization is defined as an organization where the basic framework for the organization is well spelt out, addressing the roles of the employees, from the top to the least, and to whom each reports to. It is the simplest and oldest pattern for organization framework and it's also known as chain of command or scalar principle. Rovermand Corporation operates in a line organization pattern.

Multiple Choice Question Milky Company reports sales revenue of $200, an increase in deferred revenue of $2, and an increase in accounts receivable of $1. Using a journal entry to determine cash collected from customers, accounts receivable should be ____ and deferred revenue ___.

Answers

Answer: b. debited; credited

Explanation:

Deferred revenue has been paid to the company but the company does not recognize it as revenue yet because the goods or services it was paid for have not been delivered yet. It will therefore be classified as a liability until the goods or services are delivered. It will therefore be credited because increases in liabilities are credited.

Accounts Receivable is an asset account and as such any increase in it will be debited.

Dervish Company uses LIFO for all of its inventories. During its second quarter of 2009, Dervish experienced a LIFO liquidation. Dervish fully expects to replace the liquidated inventory in the early part of the third quarter. How should Dervish report the inventory temporarily liquidated on its income statement for the second quarter

Answers

Answer: The cost of the goods that are sold for the second quarter should consist of the expected replacement cost of the goods that are temporarily liquidated.

Explanation:

From the question, we are informed that Dervish Company uses LIFO for all of its inventories and that during its second quarter of 2009, Dervish experienced a LIFO liquidation. We are further told that Dervish fully expects to replace the liquidated inventory in the early part of the third quarter.

When Dervish is reporting the inventory temporarily liquidated on its income statement for the second quarter, the cost of the goods that are sold for the second quarter should consist of the expected replacement cost of the temporarily liquated goods.

What are four importance of a business plan

Answers

-avoid mistakes/disasters (lack of teamwork, pricing, etc)
-setting objectives
-helps with development and growth
-create marketing strategy

Customers can build their own computers with Dell's online configurator. They simply have to answer a few questions and choose from a menu of product attributes, prices, and delivery options. The design of a Dell customized computer is made possible through the use of a

Answers

Answer: Choiceboard

Explanation: A choiceboard may be explained as an online tool usually developed by product makers or manufacturers which affords consumers to make bespoke or custom products by allowing them the flexibility of making personal choices about the type, attribute and specifications they would want their personal product to posses. The choiceboard will contain a list of various options available on each of the specifications a product could have and the customer makes his or her choice allowing them to build a fully customized product.

Companies engaged in a single line of business most commonly utilize an organizational structure that can be:


a functional (departmental) organizational structure.


highly decentralized matrices.

either independent, consolidated, or hybrid profit centers.


hybrid functional organizations with a combination of

decentralized and centralized decision making.


either centralized, principal, or critical-path in nature.

Answers

Answer:

a functional (departmental) organizational structure.

Explanation:

Companies engaged in a single line of business most commonly utilize an organizational structure that can be a functional (departmental) organizational structure.

A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.

These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.

The employees in companies engaged in a single line of business are generally referred to as silos because they work independently, collaborate and communicate with their colleagues in a vertical style i.e exclusively with each other.

Hence, a functional (departmental) organizational structure enhance efficiency and an improved quality of production because workers having similar skills, knowledge and experience are grouped together to achieve common goals and objectives.

Danton, a popular performer, dies. His spouse Caitlin sells their house to Buck. Unknown to Caitlin or Buck, in one of the closets is the master recording of an unreleased album. With respect to this recording, Buck can

Answers

Answer:

not keep it because there was no voluntary consent to its sale.

Explanation:

In this situation, Buck can not keep the unreleased album because there was no voluntary consent to its sale. When Danton died, all of his belongings became Caitlin's property. Since she did not know about the album or even that it was in the house when selling the house to Buck, she never agreed to transfer ownership of the album to Buck. Therefore, the album still belongs to Caitlin and Buck must return it.

Several reasons were provided for why many professional sports teams are struggling to sell the naming rights to their venues. What is the central reason that teams like the Washington Nationals have not yet been able to find a naming rights partner

Answers

Answer:

Explanation:

The most likely reason for this situation is that many of the most prominent brands have already entered into naming rights deals and are no longer available as potential prospects. Prominent brands move fast in order to secure the best deals as fast as possible and make profitable financial moves, which in term closes and shrinks the market to very few potential prospects which may not have a reason to enter into a deal with such available teams.

Internal development of a new business subsidiary can be a more attractive means of entering a desirable new business than is acquiring an existing firm already in the targeted industry when A. the company has ample time and adequate resources to launch the new internal startup business from. the ground up. B. there is a large pool of desirable acquisition candidates. C.the target industry is growing rapidly and good joint venture partners are available. D. all of the potential acquisition candidates are losing money. E. the target industry is comprised of several relatively large and well-established firms.

Answers

Answer:

A. the company has ample time and adequate resources to launch the new internal startup business from. the ground up

Explanation:

Businesses consider factors like time and available resources to pursue projects. This is in an effort to ensure continuous flow of profit.

When a company wants to enter into a new industry it has the option of either buying an existing firm in that industry or developing a firm internally to break into the new industry.

Buying an existing company will save time and profits can start flowing immediately. It can also be a cheaper option.

Internal development of a firm to enter the industry will take more time to establish, and also more resources to build from the ground up.

Which statement below best captures the overall point and focus of the New York Times article, Document 3?
A) The article expresses deep surprise and anxiety on the part of the New York Times' editorial board, about the idea of blacks playing for their beloved Brooklyn Dodgers.
B) The article's intent is to show sympathy for the ballplayers from southern states who are being asked to change their ways and beliefs so quickly.
C) The news story marks the historical event of the first black man being called up to play in the major leagues and expresses some concern over how Robinson will be treated by his major league peers.
D) The main focus of the article is on the shrewd business instincts of Branch Rickey and his desire to "tap" into the market for ticket sales to black New Yorkers.

Answers

Answer:

Correct Answer:

C) The news story marks the historical event of the first black man being called up to play in the major leagues and expresses some concern over how Robinson will be treated by his major league peers.

Explanation:

Option C ıs the best statement which captures the overall point and focus of the given New York Times article, Document 3.

Job specifications can be defined as: a. a set of procedures for advertising job openings within a company to existing employees. b. written descriptions of the basic responsibilities required of an employee holding a particular job. c. planned sequences of jobs through which employees may advance within an organization. d. a written summary of the qualifications needed to successfully perform a particular job.

Answers

Answer:

d. a written summary of the qualifications needed to successfully perform a particular job.

Explanation:

Job specification defines that when a person completes their studies with his specialization then he or she looks for a job for that particular field. So, it is necessary to choose specialization so that a person can perform in a better manner in an organization to achieve the company objective.

Therefore, according to the above explanation, the correct answer is d.

The market for plywood is characterized by the following demand and supply equations: QD = 800 – 10P and QS = 50P – 1,000, where P is the price per sheet of plywood and Q measures the quantity of plywood. What is the size of the deadweight loss if the government imposes a price ceiling of $25 per she

Answers

Answer:

$3,750

Explanation:

at $25 per sheet of plywood:

total demand = 800 - (10 x 25) = 800 - 250 = 550

total supply = (50 x 25) - 1,000 = 1,250 - 1,000 = 250

the equilibrium price is:

800 - 10P₁ = 50P₁ - 1,000

1,800 = 60P₁

P₁ = 1,800 / 60 = 30

the equilibrium quantity (Q₁) is:

Q₁ = 800 - (10 x 30) = 800 - 300 = 500

at 250 units, the price should be:

250 = 800 - 10P₂

10P₂ = 550

P₂ = $55

total deadweight loss = 0.5 x  (P₂ - P₁)  x (Q₂ - Q₁) = 0.5 x  ($55 - $25)  x (250 - 500) = 0.5 x $30 x -250 = -$3,750

Joseph Brown signs a contract with Lewis Johnson allowing Johnson to buy Brown's home for $63,200 anytime between the date of the contract and the following February 8. Brown also agrees not to sell his home to anyone else until after February 8 and received $300 as consideration. This contract is called

Answers

Answer:

An option.

Explanation:

In this scenario, Joseph Brown signs a contract with Lewis Johnson allowing Johnson to buy Brown's home for $63,200 anytime between the date of the contract and the following February 8. Brown also agrees not to sell his home to anyone else until after February 8 and received $300 as consideration. This contract is called an option.

An option is a contract (financial derivatives) which provide buyers the right, however not the obligation, to buy or sell an underlying asset at an agreed price and specified period of time (date). It comprises of call options and put options.

The general expenses necessary to run the business are called Question 30 options: operating expenses. annual projections. 10-year forecasts. profits.

Answers

Answer:

Operating expenses

Explanation:

Before a business yields a profit as an output , there is a need for some input from the business owners. One of these input is operating expenses .

Operating expenses is supporting cost of keeping the business running in the course of normal production , different from the cost of production and is necessary as every form of other cost may not get a desired result without the operating cost.

Examples include rent , payroll ,transportation , security fees among others.

Answer:

operating expenses

Explanation:

textbook

Companies that organize their sales force by customer and territory; product and territory; product and customer; or territory, product, and customer are using a ________ sales-force structure.

Answers

Answer:

complex.

Explanation:

A complex sales-force structure is one that contains a diverse sales team design. The organizations that adopt this sales force structure are usually those that offer a diverse range of products for each type of customer and in different geographic areas, so you need to combine different types of sales force structures to achieve your sales objectives and goals. sales according to the preferences and profile of each customer in each location.

The characteristics of a world market where global competition prevails include A. a market situation where competitive conditions across national markets are linked strongly enough to form a true world market and where leading competitors typically compete head to head in many different countries. B. minor cost variations from country-to-country (as concerns production, distribution, sales and marketing, and other primary components of the industry value chain) and minimal cross- country trade restrictions. C. a competitive environment comprised of so many competitors that no company has a sizable worldwide market share. D. many companies racing for global market leadership, with most contenders using the same basic type of competitive strategy and positioned in the same strategic group. E. low barriers to entry, such as large number of rivals that the actions of any one rival have little impact on the sales and market shares of other rivals, and key success factors that vary from country to country.

Answers

Answer:

A. a market situation where competitive conditions across national markets are linked strongly enough to form a true world market and where leading competitors typically compete head to head in many different countries.

Explanation:

The characteristics of a world market where global competition prevails include a market situation where competitive conditions across national markets are linked strongly enough to form a true world market and where leading competitors typically compete head to head in many different countries.

For instance, the fierce competition between the manufacturers of mobile phones such as Android devices and iOS devices. Also, manufacturers of vehicles are into head to head competition in different countries.

A. Stine Co. previously wrote off a $200 bad debt from Thorn Co. using the direct write-off method. On October 1, Stine unexpectedly receives a check in the amount of $200 from Thorn Co. The entry to record this receipt of $200 will include a: (Check all that apply.)

Answers

Answer:

Journal Entry

October 1

Dr. Account Receivables  $200

Cr. Bad Debt                      $200

Dr. Cash / Bank                  $200

Cr. Account receivables    $200

OR

Dr. Cash / Bank                  $200

Cr. Bad Debt                      $200

Explanation:

A receivable is written off when it is expected to be uncollectable. In this question, the Stine Co. previously wrote off and now the check from Stine is received. While writing off Thorn Co. removed the receivable value fom the accounting records. Now we need to adjust the value and record the transaction to make accounting records correct.

A public radio station with a June 30 year end collects $100,000 in annual membership dues every January 1. Paying membership dues provides few direct benefits, which are not restricted to members. On January 1, the radio station should record the $100,000 as ______.

Answers

Answer:

Deferred Revenue

Explanation:

The public radio station has a year ending of June 30 and collects these dues on an annual basis therefore the dues received in January 1 are not yet earned. Under accrual accounting, and applying the revenue recognition principle, revenue which is received in this way has not yet been earned since these dues are collected/recorded annually but are billed before(january 1)the year end,and therefore are charged as liability until they are earned at year end then they are converted to revenue

Tasty Pasta in an American fast food restaurant chain with locations in 20 countries. When the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. These master subsidiaries are joint ventures with local partners because of the advantages joint ventures bring to Tasty Pasta. Specifically, joint ventures are politically more acceptable and they:_________.A) Help realize location and experience curve economies
B) Avoid high transport costs
C) Ensure a steady stream of loyalty payments .
D) Tend to provide a higher control over technology.
E) Bring a degree of local knowledge to the subsidiary.

Answers

Answer: Bring a degree of local knowledge to the subsidiary.

Explanation:

Joint Venture is a form of business organization whereby two or more parties come together and use the skills and resources that they both have to achieve a common goal.

Based on the scenario in the question, Joint ventures are politically more acceptable and they also bring a degree of local knowledge to the subsidiary.

What can you tell about google's Promotional Mix and Promotional strategies ?(10 Marks)

Answers

Answer:

The answer is below

Explanation:

Google is known to utilize Promotional Mix and Promotional Strategy that depends largely on viral, or referral, and marketing techniques.

Hence, Google's Promotional Mix and Promotional strategies can be summarized in the following key points:

1. AdWords internet ads: for example, there is a call to action links such as "Download Google Chrome Today" with phrases like "lightning-fast, clean and simple" on the Internet and their other data-enabled apps.

2. Google's YoúTube Channel: this is where they advertise their products through visuals, and the targeted audience gets to view them.

3. Minimalist internet advertising technique: For example, placement of Google link on the homepage of Google Chrome.

4. Offline Billboards: for example "Going Google" and "Google Adopts New..." Billboards

5. Referral: This is done through users, where individuals encourage their friends to use Google products.

Kimberly owns a cupcake shop in Newport Beach, California. The market for cupcakes is very competitive. At Kimberly’s current production level, her marginal cost is $31 and her marginal revenue is $27. To maximize profits, Kimberly should:

Answers

Answer:

Reduce production

Explanation:

Profit is maximised where marginal revenue equals marginal cost. Because marginal cost is greater than marginal revenue, Kimberly should reduce production unit the point where marginal cost equals $27.

Marginal cost is the increase in cost as a result of increasing production by one unit.

Marginal revenue is the increase in revenue as a result of selling one extra unit of a product.

Other Questions
HELPPLSFind all the missing elements: This is a very hard math question. Whoever answers correctly will get a brainlist too! Find the value of b. Then find the angle measures of the pentagon. Write a persuasive paragraph to convince a friend or relative why government is necessary. As you write, think about the origin of state theories. Do you think governments come from God, or by agreement, or do you have some other theory? Discuss the theories and why your choice makes the most sense. round 12.1975 to the nearest thousandth. Complete the recursive formula of the geometric sequence -0.3,0.9,-2.7,8.1 If is an angle bisector of QOR and QOP = 71, then find the angle measure of QOR. Question 8 options: A) 71 B) 142 C) 35.5 D) 35 1) | ) ) ) ) Consider F and C below. F(x, y) = x2 i + y2 j C is the arc of the parabola y = 2x2 from (1, 2) to (2, 8) (a) Find a function f such that F = f. f(x, y) = (b) Use part (a) to evaluate C f dr along the given curve C. Which region of the United States wasthe wealthiest in the 1800s?A. NorthB. SouthC. West Please answer this question now Which set of numbers is arranged from least to greatest? For the given data value, find the standard score and the percentile. A data value 0.6 standard deviations above the mean. How is environmental justice portrayed in the media? The problem with average-cost pricing regulation is that once it is in place, there is a tendency for the:________a. ATC curve to shift upward.b. MR curve to shift leftward.c. D curve to shift leftward.d. ATC curve to shift downward.e. D curve to shift rightward. A power failure on the bridge of a Great Lakes freighter has resulted in the ship's navigator having to do her own calculations. She measures the angle between the ship's course and a lighthouse on shore as 32. After the ship has travelled 1500 m, she measures the angle to be 72. Determine if the ship was closer to or farther from the lighthouse at the second sighting, and by what distance. (4 marks)It is impossible to measure the length of a particular swamp directly. Kendra put a stake in the ground and measured from the stake to opposite ends of the swamp, the results being 410 m and 805 m. She measured the angle between the distances to be 57. What is the length of the swamp? (4 marks) For every problem-solving activity, its crucial that no less than five alternatives be considered. IM GIVING BRAINLIEST TO THE FIRST PERSON TO ANSWER! Show ALL work please! Which of the following is true about congruent figures?They're the same shape and the same size.They're the same size, but not the same shape.They're not the same shape or size.They're the same shape, but not the same size. Washington Gladdens ideas would most closely be tied to which period in US history? Bar-code readers are typically used to track large numbers of inventory items, as in grocery store inventory and checkout, package tracking, warehouse inventory control, and zip code routing for postal mail.A. TrueB. False