In October, the CEO of Saguaro, Inc. signs a note for $90,000 in order to buy new equipment. The note is due in five years, at 8% annual interest. Semiannual interest payments are due each April and October. Assuming no other long-term debt, what is the initial balance in the related long-term debt account?
A. $97,200
B. $90,000
C. $82,800
D. $93,600
Answer: B
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Export subsidies levied by foreign governments on products in which the United States has a comparative disadvantage
a. lower the welfare of all Americans. b. lead to increases in U.S. consumer surplus. c. encourage U.S. production of competing goods. d. encourage U.S. workers to demand higher wages.
Uniox, Inc. intends to increase its profits by 50% in the next fiscal year. Which of the following is most likely to be a lag indicator in Uniox's performance report?
A) return on investment B) number of repeat customers C) rate of on-time deliveries D) defect rate
Conducting post completion audits to determine if desired short-run outcomes were achieved falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating
The distance between city A and city B is 25 miles; city A is 1/16 the size of city B. The point of indifference between the two cities is _____ miles from A and _____ miles from B
a. 15; 10 b. 18; 7 c. 20; 5 d. 22; 3