What were the weighted-average accumulated expenditures

Assignment Help Financial Accounting
Reference no: EM132799084

Question - Indian River Groves borrowed P 1,100,000 on a construction loan at 12% interest on January 2, 2020. This loan was outstanding during the construction period. The company also had P 4,000,000 in 9% bonds outstanding in 2020 and 2021. What were the weighted-average accumulated expenditures for 2020?

a. 533,333

b. 400,000

c. 500,000

d. 1,000,000

Reference no: EM132799084

Questions Cloud

Discuss the impact of the progressive movement : Discuss the impact of the Progressive movement on the creation of the Arizona Constitution, including the declaration of rights, ballot initiatives.
Provide the journal entries on Barbie books : Provide the journal entries on Barbie's books relating to its investment in Ken Corp, assuming that Barbie classifies Ken Corp as an associate
Explain the history of the client : Collecting data on individuals with suspected addictions is important, but without descriptive data analysis skills, the data remain extraneous bits.
Explain the meaning and purpose of contract bar doctrine : The contract bar is important to serving the interests underlying the NLRA.
What were the weighted-average accumulated expenditures : The company also had P 4,000,000 in 9% bonds outstanding in 2020 and 2021. What were the weighted-average accumulated expenditures for 2020
Contrast the differences between hrm and global hrm : As more and more companies globalize and enter the international markets, what HR issues should companies consider? Include at least four issues.
How would you justify your explanation using the text : What ISLLC standards are applicable to this case study and how would you justify your explanation using the text? Acknowledging the legal and ethical issues.
Determine the net cash flow from operating activities : Operating expenses (including depreciation of $36,000) $160,000. Determine the net cash flow from operating activities for the current year
Organizational theory and structure in action : In an environment of rapid change, it is important that health care administrators are prepared to plan for and assess organizational effectiveness.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd