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Sunland Company is constructing a building Construction began on January 1 and was completed on December 31. Expenditures were $6310000 on March 1.65200000 on 1
Sunland Company is constructing a building Construction began on January 1 and was completed on December 31. Expenditures were $6310000 on March 1.65200000 on 1 and 17950000 on December 31. Surland Company borrowed $3170000 on January 1 on a 5-year, 12 note to help finance construction of the building. In addition, the company had outstanding year a 104,3 year, $6380000 note payable and an 11%, 4 year, 512450000 note payable What is the weighted average Interest rate used for interest capitalisation purposes 10,00 10.50 10:51 11.00
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