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On January 2, 2012, Indian River Groves began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2013. Expenditures for the construction were as follows: January 2, 2012 $300,000 September 1, 2012 900,000 December 31, 2012 900,000 March 31, 2013 900,000 September 30, 2013 600,000 Indian River Groves borrowed $1,650,000 on a construction loan at 12% interest on January 2, 2012. This loan was outstanding during the construction period. The company also had $6,000,000 in 9% bonds outstanding in 2012 and 2013. What were the weighted-average accumulated expenditures for 2013 by the end of the construction period?
The managing directors of three profitable listed companies discussed their company's dividend policies at a business lunch.
Prepare journal entries to record the following retirement. (Show computations and round to the nearest dollar). The December 31, 2010 balance sheet of Wolfe Co. included the following items:
Imagine you are the Director of Internal Audit and executive management has asked you to work with the Chief Information Officer to evaluate the security over Information Technology.
the corn corporation produces a product that passes through two processes. during april the first department
Determine the degree of operating leverage if she sells 350 bears this month.
a decision to drop an old segment or add a new one is going to hinge primarily on the impact the decision will have on
what are the economic social equity and political considerations that justify various aspects of the tax law?describe
profitability ratios neon light company has 1000000 in assets and 600000 of debt. it reports net income of 100000. a.
wilton inc had net sales on 2012 of 1400000. at december 31 2012 before adjusting entries the balances in selected
The City of Springfield has three pension plans: a locally administered police plan for which it is trustee, a statewide cost sharing plan, and a statewide agency plan. The City would include in its CAFR financial statements for:
would you expect the volatility of a stock index to be greater or less than the volatility of a typical stock? explain
a local furniture store is advertising a deal in which you buy a 3000 dining room set and do not need to pay for two
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