On January 1, 2018, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2019. Construction expenditures for 2018, which were incurred evenly throughout the year, totaled $7,200,000. Marjlee had the following debt obligations which were outstanding during all of 2018:

Required:
Calculate the amount of interest capitalized in 2018 for the building using the specific interest method.
  

Every road has one at some point - construction zones that have much lower speed limits. To see if drivers obey these lower speed limits, a police officer uses a radar gun to measure the speed (in miles per hours, or mph) of a random sample of 10 drivers in a 25 mph construction zone. Here are the data: 27; 33; 32; 21; 30; 30; 29; 25; 27; 34. Is there convincing evidence that at the α=0.01 significance level that the average speed of drivers in this construction zone is greater than the posted speed limit?

Select all options that describe the Weighted Average Cost of Capital (WACC) for a company:

The following data applies to Micro Advanced Developers (MAD).

As a financial manager you have been given the task of calculating the company's weighted average cost of capital (WACC). Ignore the effect of taxes.

a)Firstly, you realise that the cost of debt is needed. Calculate the cost of debt for MAD. You may give your answer as a percentage per annum to the nearest percent or use linear interpolation or a financial calculator to give a more accurate result.

Cost of debt =  % pa

b)Secondly, the cost of equity must also be identified. Calculate the cost of equity for MAD. Give your answer as a percentage per annum to 1 decimal place.

Cost of equity =  % pa

c)Finally, calculate the weighted average cost of capital for MAD. Give your answer as a percentage per annum to 1 decimal place.

Weighted average cost of capital =  % pa

1. In theory, what specific actions could our government take in order to cause a rise of 20% in the volume of new plant and equipment construction activity over the next 12 to 24 months in this country? 2. What specific actions, in theory, could our government take to cause a 20% rise in the volume of residential construction and sales activity in the next 12 to 24 months? 3. What are the “5 Goals” of government policy? Please discuss each goal in detail. 4. In theory, how does the construction of Factory #5 help achieve the 5 Goals of government policy? Please take me through each goal, one by one, and describe how it benefits from Factory #5 getting built on U.S. soil. 5. In theory, would a 20% rise in the volume of residential construction and sales help achieve the 5 Goals? How, exactly?

A company made the following expenditures in connection with the construction of its new building: Architect’s fees for the new building $25,000 Cash paid for land and run-down building on the land 425,000 Removal of old building 17,500 Salvage from sale of old building materials 6,000 Construction survey to site the new building 3,500 Legal fees for title search 4,500 Excavation for basement construction 45,500 Machinery purchased for operations 250,000 Storage charges on machinery because building was not ready when machinery was delivered 1,200 Freight on machinery purchased 1,500 Hauling charges to deliver machinery from storage to new building 375 Construction costs of new building 1,675,000 Paid employees to train them on new machine 3,500 Landscaping 35,000 Installation of machinery 4,500 Prepare a schedule showing the amounts to be recorded as land, buildings, and machinery.

The US economy is getting stronger through spending on new shovel ready construction projects. The proposed plan is to build out infrastructure and put people back to work. No matter what your political affiliations are, you have to like the news if you are in the field of construction. 50% of all the worlds construction will be in China over the next 5 years. The need for infrastructure, clean water, housing, affordable and renewable energy is clear.

.What burgeoning industries and construction sectors are worth investing in and developing educational emphasis on with the intent to populate those sectors with our own talent?

There is an opening market for talented EU graduates who can put this idea in motion. Can some of our fellow EU classmates find leads on work in these new industries? Can this industry evolution and progression present new opportunities for the prepared professional?

Ship-Builders Co. began construction of a new cutter for the U.S. Coast Guard on January 1, 2018 and completed construction of the ship on March 31, 2019. To help finance construction, Ship-Builders took out an $8,000,000, 2-year, 7% loan on January 1, 2018. Interest on the loan was to be paid annually at the end of each year and the principal at the end. Ship-Builders has no other outstanding interest-bearing debt. Ship-Builders made the following expenditures in conjunction with this construction project:

How much interest should Ship-Builders Co. capitalize in 2018? How much should they expense in 2018?

You are overseeing the plans for construction of a new highway. Someone proposes using cheaper,
substandard materials to control/treat water flowing off the construction site. The water on the
construction site contains measureable concentrations of sediments, oils from vehicles, heavy metals, and
components of asphalt. A recreational lake is nearby and downgradient from the construction site. This is
a substantial slope (10% grade) across the site.
a) (5 points) LIST the three pillars of sustainability and EXPLAIN how this issue connects to each
pillar.
b) (5 points) Assuming you are a licensed engineer, what is your ethical obligation to the public
AND other licensed engineers working on this job? [Your response should cover ethical
obligations to both parties.]
c) (5 points) LIST and DESCRIBE at least two ways to control fluvial (water) erosion on this site.

1a)Suppose a regulation causes prices to rise. In order to understand the costs of the regulation it is necessary to know:

The size of the price effect

The conditions of demand

Both the price effect and the conditions of demand

How many jobs were created

b)A survey technique based on the idea that willingness to pay can be determined by asking people directly is known as:

Travel-cost approach

Direct Price Analysis

Proxy Valuation

Contingent Valuation

c)One way of valuing natural resources like open space is to analyze the effect of open space on housing prices. This type of analysis is possible because:

Houses near open space will have higher travel cost

The value of the open space will be "capitalized" into the value of the house

Housing prices are not subject to indirect price effects

Housing markets are highly regulated