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Author Question: Blockbuster is a video rental and retail chain. Blockbuster is forecasting its financial statements ... (Read 150 times)

Chelseaamend

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on: Apr 25, 2021
Blockbuster is a video rental and retail chain. Blockbuster is forecasting its financial statements for Year 3. Selected financial information for Years 1 and 2 is provided in the table. What is the interest expense for Blockbuster in Year 3? (Assume that Blockbuster's average cost of debt is 7.50%.)

Selected Financial Information
Blockbuster Inc. ($ '000)
​Year 1Year 2
Short Term Debt31,890162,430 
Long Term Debt1,137,256798,300
Interest Expense​87,686

◦ $70,341
◦ $72,054
◦ $80,667
◦ $87,686
◦ $135,166
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Marked as best answer by Chelseaamend on Apr 25, 2021

mirabriestensky

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Chelseaamend

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

ryansturges

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Reply 3 on: Yesterday
Excellent

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