Question 16 of 60 -75 View Policies Current Attempt in Progress Moss County Bank agrees to lend the Crane Company $515000 on January 1. Crane Company signs a $515000, 6%, 9-month not What is the adjusting entry required if Crane Company prepares financial statements on June 302 Interest Expense Interest Payable 15450 15450 15450 Interest Payable Cash 15450 Interest Expense Cash 15450 15450 Interest Payable Interest Expense 15450 15450 Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress Nash Trading Post, LLC had net income of $62000 and paid dividends of $20000 to common stockholders and 515000 to preferred stockholders in 2020. Nash Trading Post, LLC's common stockholders' equity at the beginning and end of 2020 was $400000 and $540000, respectively. Nash Trading Post, LLC's return on common stockholders' equity is 90% 5.0%. 14.0% 10.0% Save for Later Attempts:0 of 1 used Submit Answer uestion 3b OT 6U View Policies Current Attempt in Progress Ivanhoe Company had the following transactions that took place during the year: I. Paid amount owing to suppliers $2860. II. Purchased new equipment for $5200 by signing a long-term note payable. Ill. Purchased a patent and paid $15600 cash for the asset. How what is the total effect of these transactions on free cash flow? Decrease Cannot be determined No Effect Increase Save for Later uestion 20 of 60 - 5 Pollides urrent Attempt in Progress Wildhorse Corporation began business in 2020 by issuing 46000 shares of $5 par common stock for $6 per share and 4600 shares of 9K, $10 par preferred stock for par. At year end, the common stock had a market value of $10. Onits December 31, 2020 balance sheet, Wildhorse would report Paid-in Capital of $455400 Common Stock of $276000 Common Stock of $460000 Common Stock of $230000 Save for Later Attempts:0 of 1 used submit Arower Q A 2 3 $ 4 5 6 & 7 8