Brandywine Corporation reported the following information for 2011 and 2012: Interest payable, December 31, 2011 $ 13,500 Interest payable, December 31, 2012 20,500 Interest expense--2012 32,000 How much cash was paid for interest during 2012?
A) $25,000
B) $39,000
C) $52,500
D) $45,500
A
Business
You might also like to view...
Emotional appeals are designed to capture a viewer's attention and foster an attachment between the consumer and the brand
Indicate whether the statement is true or false
Business
If John owns 5% of XYZ Corporation before its 2 for 1 stock split, John will own 5% of XYZ
Corporation after the stock split as well. Indicate whether the statement is true or false
Business