The level of forecasted sales has little effect on other elements of the master budget

Indicate whether the statement is true or false

FALSE

Business

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The Hudson Company borrowed $250,000 to purchase machinery and agreed to pay 4% interest for six years on an installment note. Each note payment is $47,690. How much interest is Hudson paying over the life of the loan?

A) $23,860 B) $36,140 C) $40,000 D) $60,000

Business

The first screen used to create a customer in a SAP ERP system is

A) control data. B) contact person. C) initial. D) account management.

Business