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On May 1,2023 , Wildhorse Ltd. began construction of a new building for its own use. Expenditures of $77004 were incurred monthly for five months
On May 1,2023 , Wildhorse Ltd. began construction of a new building for its own use. Expenditures of $77004 were incurred monthly for five months beginning on May 1. The building was completed and ready for occupancy on September 1, 2023. For the purpose of determining the amount of interest cost to be capitalized, the weighted-average of the accumulated expenditures on the building during 2023 were $385020.$64170.$192510.$77004. Riverbed Corporation reports the following information on January 1, 2023: Preferred shares, 34000 issued, unlimited number authorized, $0.50 dividend paid quarterly Common shares, 162000 issued, unlimited number authorize During 2023 the company earns $359600 in net income. No additional shares have been issued or repurchased. Assuming shares are trading at $66 per share, what is Riverbed's price earnings ratio on December 31, 2023? 36.6732.8435.5631.28
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