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CA Technologies, formerly known as CA, is an American corporation headquartered in New York City. On June 1, CA Technologies sold equipment to Barnes

CA Technologies, formerly known as CA, is an American corporation headquartered in New York City. On June 1, CA Technologies sold equipment to Barnes and Noble and agreed to accept a 3-month, $70,000, 15% interest-bearing note in payment. The prevailing rate of interest for similar transactions at that time was 15%. When the note was collected upon maturity, CA Technologies would recognize interest revenue of Multiple Choice $7,875 $5,250 50

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