017,J&J Corpor xYo Arumal Kingdom (2016-1 e Multiple CheiceQur x R Multiple Chee die xVQChapter 17th har du/webapps/assessment/take/launchjsp/course assessment ids 500231 18course id 445464 18knew attempt 18ccontent jid 10107 e Quiz QUESTION 16 Rosemont Company borrowed $10.000 hom the bank on March 1, 2015. The notr arried a 0% annual interest rate and a one-year term to maturity. All interest and principal is due in one payment on February 28, 2016 Which of the following is adtimmediate effect of the borrowing transaction on Rosemont Corporation's Snancial stacements? Retained earnings decreased by$10.000 Interest expense increased by $600 Liabilities increased by S10.000 O All of the above statements aze coffect QUESTION 17 bomowed $10.000 fem the bank on March 1. 201 s. The note carried a 6% annual interest rate and a one-year term to maturicy. All Interest and principal is due in one payment on February 28, 2016. Whas amount of cash Ro will Rosemsont Corporation show on its 2015 and 2016 cash fow stagements assuming the company repays the loan phas all of the interest in one payment at the end of the 1-year loan period) 015: $10.000 2016: (10.600 2015: 50 2016 (5600) 2015: 510000 2016(510.000) 2015:$0 2016 (510.000 Chick Save and Submit to saue and submit Chiol Save All Ananicers to save all ansvers Save All Answers