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On February 1, 2012, Middleton Corp. lends cash and accepts a $4,700 note receivable that offers 16% interest and is due in six months. How
On February 1, 2012, Middleton Corp. lends cash and accepts a $4,700 note receivable that offers 16% interest and is due in six months. How much interest revenue will Middleton Corp report during 2012? |
$376.
$4,512.
$389.
$752.
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