Question: The table below provides selected financial data for the Vogon Construction Co. in Yearst and t-1 Selected Financial Information Vogon Construction Co. Yeart-1 Yeart 49.732
The table below provides selected financial data for the Vogon Construction Co. in Yearst and t-1 Selected Financial Information Vogon Construction Co. Yeart-1 Yeart 49.732 843,244 843,244 Interest Expense Short-Term Debt Long-Term Debt Total Liabilities 2,167,669 2,339,399 3,315,560 3,550.755 The company pays an average interest rate of 4.5% on its borrowed funds. What is the interest expense in Yeart? The table below provides selected financial data for the Vogon Construction Co. in Yearst and t-1 Selected Financial Information Vogon Construction Co. Yeart-1 Yeart Interest Expense 45,681 48,017 Short-Term Debt 226,370 226,370 Long-Term Debt 608,712 733,044 Total Liabilities 1,708.157 1,853,358 What interest rate (on average) does the company pay on its borrowed funds? Express your answer in percentage form rounded to one decimal place 5:0 X %
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