On April 1, 2017, Ardos Gardening Products borrowed $100,000 on a 15%, 10-year note with annual installment payments of $10,000 plus interest due on April 1 of each subsequent year. Prepare the journal entry for the issuance of the note

Redrock Inc. is a household products firm that is considering developing a new detergent. In

evaluating whether to go ahead with the new detergent project, which of the following statements is MOST correct? A) The company will need to hire 10 new workers whose salaries and benefits will total $400,000 per year. Labor costs are not part of capital budgeting and should be excluded. B) The company will need to use some equipment that it could have leased to another company. This equipment lease could have generated $200,000 per year in after-tax income. The $200,000 should be excluded because the equipment can no longer be leased. C) The company will produce the detergent in a building that it renovated 2 years ago for $300,000. The $300,000 should be excluded from the analysis. D) The company will produce the detergent in a building that they already own. The cost of the building is therefore zero and should be excluded from the analysis.

Gabriel is the campaign manager for a candidate for governor. Through a commissioned poll, he discovers that the candidate's approval rating has changed from 80 to 64 percentage points, a drop of 16 percentage points. What was the percent change?

A) 20% increase B) 20% decrease C) 80% increase D) 80% decrease