In: Civil Engineering
Scanrio 2:Present material choices for a given building using performance properties, experimental data, sustainability and environmental consideration
P3 Discuss the benefits of product declaration and environmental certification.
P4 Present the results of relevant testing procedures to identify the performance characteristics of selected construction materials.
P5 Discuss the results in terms of the material properties and regulatory requirements, highlighting any unexpected results and why these may occur.
P6 Select construction materials for a given building based upon their performance properties in use.
In: Advanced Math
Swifty Corporation is constructing a building. Construction
began on January 1 and was completed on December 31. Expenditures
were $6480000 on March 1, $5310000 on June 1, and $8350000 on
December 31. Swifty Corporation borrowed $3200000 on January 1 on a
5-year, 12% note to help finance construction of the building. In
addition, the company had outstanding all year a 10%, 3-year,
$6390000 note payable and an 11%, 4-year, $11950000 note
payable.
What amount of interest should be charged to expense?
In: Accounting
The difference between IFRS and GAAP are well documented and in the 2000's and early 2010's several convergence projects were undertakem by IASB and FASB in the effort to align the two. One of the projects relate to revenue recongnition and specifically that of construction contracts. You are to critically reflect on the cponvergence projects taking into account the following:
(a) the differences in revenue recognition (of construction contracts) between IFRS and GAAP?
(b) Why it is importatant to consider the differences in IFRS and GAAP in general?
(c) Potential for lobbying to take place in final outcome of convergence projects.
In: Accounting
introduction to sociology
Kyle and Pam Smith have been married for eight years. They have two young boys—Ryan, age four, and Zach, age two. Both Kyle and Pam work at full-time jobs. Kyle is in construction, and Pam works in a construction company's office. Pam would like to go back to school and get an M.B.A. to advance within her company. Explain what societal factors might lead to a gender gap in the performance of housework and child care. minimum 500 words
In: Operations Management
In: Civil Engineering
A construction corporation has won the bids for building a number of big infrastructure projects. Knowing that you are learning project management, the general director of the company approached you and requested you to help him organize the implementation of the projects.
a) What form of project organization is appropriate? Why?
b) Draw the organizational chart for the project in relations to the corporation.
In: Operations Management
On January 1, 2021, the Shagri Company began construction on a
new manufacturing facility for its own use. The building was
completed in 2022. The only interest-bearing debt the company had
outstanding during 2021 was long-term bonds with a book value of
$11,400,000 and an effective interest rate of 9%. Construction
expenditures incurred during 2021 were as follows:
| January 1 | $ | 640,000 | |
| March 1 | 684,000 | ||
| July 31 | 564,000 | ||
| September 30 | 740,000 | ||
| December 31 | 440,000 | ||
Required:
Calculate the amount of interest capitalized for 2021.
In: Accounting
Wildhorse Company is constructing a building. Construction began
on February 1 and was completed on December 31. Expenditures were
$1,812,000 on March 1, $1,212,000 on June 1, and $3,007,840 on
December 31.
Wildhorse Company borrowed $1,004,930 on March 1 on a 5-year, 13%
note to help finance construction of the building. In addition, the
company had outstanding all year a 10%, 5-year, $2,200,900 note
payable and an 11%, 4-year, $3,365,100 note payable. Compute the
weighted-average interest rate used for interest capitalization
purposes. (Round answer to 2 decimal places, e.g.
7.58%.)
| Weighted-average interest rate: |
Concord Company is constructing a building. Construction began
on February 1 and was completed on December 31. Expenditures were
$1,920,000 on March 1, $1,200,000 on June 1, and $3,070,300 on
December 31.
Concord Company borrowed $1,041,900 on March 1 on a 5-year, 13%
note to help finance construction of the building. In addition, the
company had outstanding all year a 10%, 5-year, $2,227,300 note
payable and an 11%, 4-year, $3,799,000 note payable. Compute
avoidable interest for Concord Company. Use the weighted-average
interest rate for interest capitalization purposes.
(Round percentages to 2 decimal places, e.g. 2.51% and
final answer to 0 decimal places, e.g.
5,275.)
| Avoidable interest: |
In: Accounting
1.) Metlock Company is constructing a building. Construction
began on February 1 and was completed on December 31. Expenditures
were $2,520,000 on March 1, $1,680,000 on June 1, and $4,200,000 on
December 31.
Metlock Company borrowed $1,400,000 on March 1 on a 5-year, 12%
note to help finance construction of the building. In addition, the
company had outstanding all year a 12%, 5-year, $2,800,000 note
payable and an 11%, 4-year, $4,900,000 note payable. Compute
avoidable interest for Metlock Company. Use the weighted-average
interest rate for interest capitalization purposes.
(Round "Weighted-average interest rate" to 4 decimal
places, e.g. 0.2152 and final answer to 0 decimal places, e.g.
5,275.)
Avoidable interest $___________
2.) Marigold Company is constructing a building. Construction
began on February 1 and was completed on December 31. Expenditures
were $2,052,000 on March 1, $1,200,000 on June 1, and $3,007,200 on
December 31.
Marigold Company borrowed $1,042,720 on March 1 on a 5-year, 13%
note to help finance construction of the building. In addition, the
company had outstanding all year a 9%, 5-year, $2,039,800 note
payable and an 10%, 4-year, $3,462,500 note payable. Compute the
weighted-average interest rate used for interest capitalization
purposes. (Round answer to 2 decimal places, e.g.
7.58%.)
Weighted-average interest rate:____________%
In: Accounting