Land Shoes Land Shoes received a promissory note from a customer on July 1, 2012. The face value of the note is $45,000; the terms are 12 months and 10% annual interest. Refer to the information provided for Land Shoes. How much interest revenue will Land Shoes recognize for the year ended December 31, 2012?
A) $ 0
B) $9,000
C) $2,250
D) $4,500
C
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Business Process Modeling Notation (BPMN) activity diagrams are conceptually similar to process maps.
Answer the following statement true (T) or false (F)
The federal judicial branch of the U.S. government
a. interprets statutes. b. passes statutes. c. issues executive orders. d. creates administrative agencies.
Organizations that intend to keep their prices fixed, as they are content with their market share and profits, will most likely adopt a ________ pricing objective.
A. status quo-oriented B. target return-oriented C. sales-oriented D. profit-oriented E. monetary gain-oriented
Cage Company had income of $357 million and average total assets of $2020 million. Its return on assets (ROA) is:
A. 35.0%. B. 3.5%. C. 1.8%. D. 5.7%. E. 17.7%.