Bonita industries is constructing a building. construction began on january 1 and was completed on december 31. expenditures were $635 on march 1, $526 on june 1, and $855 on december 31. bonita industries borrowed $32 on january 1 on a 5-year, 13% note to finance construction of the building. in addition, the company had outstanding all year a 11%, 3-year, $637 note payable and an 12%, 4-year, $1205 note payable. what is the weighted-average interest rate used for interest capitalization purposes?

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.