subject
Business, 21.12.2021 04:10 aidenbender06

20-on January 1, 2015, Barr Corporation borrowed $40,000 signing a 7% (annual rate) note for that amount. The terms of the note call for 3 annual installment payments of $15,242 due on the last day of each year. The interest expense reported on this note for 2016 should be: a. The same amount as was reported in 2015.
b. A lower amount than was reported in 2015.
c. A higher amount than was reported in 2015.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:30
Emil motycka is considered an entrepreneur because
Answers: 2
question
Business, 22.06.2019 07:30
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
question
Business, 22.06.2019 11:00
What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.
Answers: 3
question
Business, 23.06.2019 00:30
It's possible for a debt card transaction to bounce true or false
Answers: 1
You know the right answer?
20-on January 1, 2015, Barr Corporation borrowed $40,000 signing a 7% (annual rate) note for that am...
Questions
question
Mathematics, 28.05.2021 17:10
question
Mathematics, 28.05.2021 17:10
question
Mathematics, 28.05.2021 17:10
question
Mathematics, 28.05.2021 17:10
question
Mathematics, 28.05.2021 17:10