In general you need to manage R&D employees the same as everyone else

Up-a-Creek, Inc., needed some long-term financing and arranged for a 6-year, $60,000, 12% mortgage loan on January 1, Year 1. Annual payments of $14,594 will be made on December 31 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 each amount is found. What is Payment of interest?

A. $(14,594); Statement of Cash Flows (financing activities section) B. $(7,200); Income Statement C. $52,606; Balance Sheet D. $(7,200); Statement of Cash Flows (operating activities section) E. $45,406; Balance Sheet F. $(7,394); Statement of Cash Flows (financing activities section) G. $60,000; Balance Sheet H. $(7,394); Income Statement I. $(14,594); Income Statement

Which type of store carries a deep assortment of a particular product line, has knowledgeable staff, and can be viewed as a giant specialty store?

A) category killer B) convenience store C) factory outlet D) warehouse club E) off-price retailer