Question
A company reported interest expense of $550,000 for the year. Interest payable was $33,000 and $73,000 at the beginning and the end of the year,
A company reported interest expense of $550,000 for the year. Interest payable was $33,000 and $73,000 at the beginning and the end of the year, respectively. What was the amount of interest paid?
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Business Process Modeling Simulation And Design
Authors: Manuel Laguna, Johan Marklund
3rd Edition
1138061735, 978-1138061736
