Tulsa Corp reported the following information for 2015 and 2016. Interest payable, December 31, 2015 $ 5,700 Interest payable, December 31, 2016 6,200 Interest expense—2016 12,250 How much cash was paid for interest during 2016?
a. $11,750
b. $12,250
c. $12,500
d. $12,750
a
Business
You might also like to view...
Which of the following organizational citizenship behaviors is exemplified by mentoring younger salespeople?
A. Sportsmanship B. Civic virtue C. Conscientiousness D. Altruism E. Competition
Business
Japanese companies are less inclined to use this approach for selecting advertising agencies:
A) designate global agencies. B) designate local agencies. C) use of ads in-house. D) use of outside agencies. E) use of in-house marketing.
Business