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PLS ANSWER AS SOON AS POSSIBLE I WILL RATE U THUMBS UP During 2018, Box Build Company constructed various assets at a total cost of
PLS ANSWER AS SOON AS POSSIBLE I WILL RATE U THUMBS UP
During 2018, Box Build Company constructed various assets at a total cost of 16,800,000. The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2018 were E11,200,000. The company had the following debt outstanding at December 31, 2018 E7200,000 110%, 5-year note to finance construction of various assets. dated January 1, 2018, with interest payable ainually on January 2. 12%, ten year bonds issued at par on December 31, 2012, with interest payable annually on December 31 3. 9%3. var note pavable, dated January 1, 2017, with interest avable annualy on January 1 3,000,000 4.000.000 instructions Compute the amounts of each of the following to computations 1 Avoidable interest 2 Total vierest to be capitalized during 2018
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