Question: On January 1 , 2 0 2 3 , Dreamworld Co . began construction of a new warehouse. The building was finished and ready for
On January Dreamworld Co began construction of a new warehouse. The building was finished and ready for use on September Expenditures on the project were as follows:
January $
September $
December $
March $
September $
Dreamworld had a $ construction loan outstanding for the entire construction period. The rate on the construction loan was
Other debt includes of bonds
line of credit at
What is Dreamworlds weighted average construction expenditures for
What is the maximum amount of interest that Dreamworld can capitalize in
What is the weighted average interest rate on the nonconstruction debt?
How much interest will Dreamworld capitalize in
What are the total capitalized construction costs in HINT: it is over $
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