avoidable interest problem - specific borrowing bondpayable...

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Unformatted text preview: specific borrowing bondpayable not payable Expenditures 1Jan 30Apr 1Nov 31Dec total AVOIDABLE INTEREST $200,000.00 $500,000.00 $300,000.00 12% 14% 10% 24000 70000 30000 124000 from dec2005 $100,000.00 12 months $100,000.00 8/12 months $50,000.00 2/12 months $ 0/12 months $250,000.00 Expenditures $100,000.00 $150,000.00 $300,000.00 $100,000.00 100.00% 66.67% 16.67% 0.00% 200000 SURPLUSS OF BORROWING 24000 250000 50000 12.50% 6250 Weighted average interes rate on other outsta AVOIDABLE INTEREST 30250 total interes cost of other outstadning debt / to 12.50% eres rate on other outstading debt her outstadning debt / total principal of other debt ...
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This note was uploaded on 08/06/2009 for the course BUSINESS 4444 taught by Professor Dr.dale during the Spring '09 term at University of Texas at Dallas, Richardson.

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