pyrexbatmanmonk721 pyrexbatmanmonk721
  • 07-01-2024
  • Business
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On February 1, 2015, a company loans one of its employees $20,000 and accepts a nine-month, 8% note receivable. Calculate the amount of interest revenue the company will recognize in 2015.
a. $1,200
b. $1,600
c. $1,800
d. $2,400

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