Question
Conner Company borrows $187,100 cash on November 1, 2013, by signing a 150-day, 6% note. What is the total amount of interest that Conner will
Conner Company borrows $187,100 cash on November 1, 2013, by signing a 150-day, 6% note. What is the total amount of interest that Conner will recognize for this note?
(Show work please)
$4,678
$4,613
$11,226
$1,559
$0, no interest expense is recognized
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
5th Edition
0470251395, 978-0470251393
