Corrective actions and preventive measures can bring a project back into compliance with the project management plan

On January 1, Year 1, Needham, Inc., borrowed $10,000 at 6% for four years. The note requires annual payments of $2,886 on December 31 of each year. For each item, select the amount as of or for the Year Ended December 31, Year 1, in the column of the one financial statement where the amount is found. What is Interest Expense?

A. (7,200); Income Statement B. (2,286); Income Statement C. (600); Income Statement D. (300); Income Statement E. (600); Statement of Cash Flows - Operating Activities F. 7,714; Statement of Cash Flows - Operating Activities G. (2,886); Statement of Cash Flows - Financing Activities H. (2,286); Statement of Cash Flows - Financing Activities I. (600); Balance Sheet J. 7,114; Balance Sheet K. 7,714; Balance Sheet

How are industrial distributors different from distributors for consumer markets?

A) Industrial distributors offer financing, market research, and order processing services, which are not offered by distributors for consumer markets. B) Industrial distributors carry greater assortment of products than distributors for consumer markets who carry large quantities of fewer items. C) Industrial distributors sell directly to business customers, while distributors for consumer markets generally only sell goods to retailers. D) Industrial distributors are representatives of the manufacturer in the market, while distributors for consumer markets are independent contractors.