Olympic Equipment. borrowed $100,000 on November 1. The note matures in one year and the interest rate is 9%. What amount of interest expense will be accrued on December 31?
A) $4,500
B) $750
C) $1,500
D) $9,000
Answer: C
Business
You might also like to view...
Video kiosks can be situated in such locations as hotel lobbies and within a shopping center mall
Indicate whether the statement is true or false
Business
All the fast-food restaurants in Houston, Texas, compete to obtain environmental resources in the form of dollars that people are willing to spend on to obtain food conveniently. This group of restaurants is an example of a(n) ________
A) group of boundary spanners B) cluster of environmental niches C) aggregation of marketers D) population of organizations
Business