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Posted on Jun 19, 2024

To calculate interest expense in the future, you should do which of the following? A.Apply a weighted average interest rate times the beginning debt balance.

To calculate interest expense in the future, you should do which of the following?

A.Apply a weighted average interest rate times the beginning debt balance.

B.Apply a weighted average interest rate times the average debt balances for the year.

C.Apply a current interest rate times the average debt balance over the course of the year.

D.None of the answers listed are correct.

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