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need help asap 15) What is the mat Round the maturity value of a 3-month, 13% note for $50,000 Intermediate calculations to two decimal places,
need help asap
15) What is the mat Round the maturity value of a 3-month, 13% note for $50,000 Intermediate calculations to two decimal places, and your har answer to the nearest donc A) $52,000 B) $56,500 C) $51,625 D) $50,000 16) On October 1, 2017. Android, Inc. made a loan to one of its customers. The customer signed a 4-month note for $110,000 at 12.70 how much interest revenue did the company record in the year 2017 (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $1.320 B) $1,100 c) $4,400 D) $3,300 17) Which of the following is included in the cost of a plant asset? A) amounts paid to make the asset ready for its intended use B) regular repair and maintenance costs c) replacement of damaged parts of the asset D) wages of workers who work use the asset in normal operations 18) Which of the following asset categories would include the cost of clearing land and removing unwanted buildings? A) land B) buildings c) land improvements D) machinery and equipment 19) Acer, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land $16,000 Surveys and legal fees 1,200 Land clearing 1,100 Fencing 7,000 Install lighting and signage 1,760 What amount should be recorded as the cost of the land in the corporation's books? A) $25,300 B) $18,300 C) $20,060 D) $24,100 Step by Step Solution
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