Knowledge Check 01 On July 1, Year 1, the Barley Company loaned $50,000 to the Jackson Co. Thenote has a stated interest rate of 10% and will mature on June 30, Year 2 All payments for principal and interest wi be received at maturity How much interest revenue will Barley report on its income statement for the year ended December 31. Year 1? 3 of 7 Next> 3 4 5 6 7 8 9 Knowledge Check 01 Treadwell company's net sales revenue during the year was $876.875 What was the receivables turnover ratio for the year? (Round your answer to 1 decimal place.) Tire Company had net accounts receivable of $67900 at the beginning of the year and $72.400 at the end of the year The Prey 7 of 7