Java applets are large Java programs

Indicate whether the statement is true or false.

Answer: FALSE

Business

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On January 1, Year 1, Brewed Awakening, Inc., borrowed $440,000 at 6% interest. The loan will be repaid with equal annual installment payments of $90,000 made on the last day of each year. The entry to record the second year's payment includes a debit to Interest Expense of $______.

a. 22584 b. 25238 c. 28246 d. 27456

Business

The financial statements of Weston Office Supply include the following items

2017 2016 Cash $43,500 $50,000 Short-term Investments 27,000 17,000 Net Accounts Receivable 102,000 97,000 Merchandise Inventory 125,000 119,000 Total Assets 527,000 554,000 Total Current Liabilities 251,000 242,000 Long-term Note Payable 59,000 51,000 What is 2017 current ratio? (Round your answer to two decimal places.) A) 0.84 B) 0.56 C) 1.19 D) 1.70

Business