Your company has received a $50,000 loan from an industrial finance company. The annual payments are $6,202.70. If the company is paying 9 percent interest per year, how many loan payments must the company make? 19 15 13 12 All of the following statements about balance sheets are true except: assets are reported at historical cost. a balance sheet reports a company?s financial position at a specific point in time Assets - Liabilities = Shareholders? Equity balance sheets show average asset balances over a one - year period Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses = $150.000; Interest Expense = $30.000; Marketing Expenses = $80,000; and Taxes = $300,000; Rogues operating profit margin is equal to 36.67% 50.00% 25.67% 35.67%