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On December 1, Victoria Company signed a 90-day, 7% note payable, with a face value of $10,800. What amount of interest expense is accrued at
On December 1, Victoria Company signed a 90-day, 7% note payable, with a face value of $10,800. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.) Multiple Choice O $126 $0 O $63 O $189 o $756 A company has 34,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $426,700, and the par value per common share is $10. The book value per share is: Multiple Choice $12.55. O $42.67. O $0.08. O $10.00. O $2.55. O
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