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 Interest

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 ono decimal place 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 49,732 Yeart Interest Expense 843,244 843,244 Short-Term Debt Long-Term Debt 2,167,669 2,339,399 Total Liabilities 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? S 143219 x
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