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On January 1 , 2 0 1 2 , Harrison's, Inc., borrowed $ 9 0 , 0 0 0 at 1 2 % payable annually
On January Harrison's, Inc., borrowed $ at payable annually to finance the construction of a new building. The building was completed December In the company made the following expenditures related to
this building: March $; June $; July $; December $; December $
Additional information is provided as follows:
Other debt outstanding:
year, bond.
$
year, note
$
The March expenditure includes land cost of $
Research and development expenses in were.
$
What is the total amount of the Weighted Average Accumulated Expenditures?
Enter the Number, do NOT use dollar sign, DO USE commas if necessary. Question
Using the same information from question above:
What is the Weighted Average Interest rate?
Enter the percentage amount, but do NOT use sign. Use decimal places. For example, if your answer is then you
would type as the answer. Question
Using the same information from the questions above:
What is the avoidable interest?
Integer, decimal, or E notation allowed
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