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artcher [175]
3 years ago
14

Which of the following is NOT a useful strategy when making an informed purchase?

Business
1 answer:
nasty-shy [4]3 years ago
8 0
The answer to this question is B
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Blanchard Corporation issued a 1-year, 9%, $150,000 note payable on April 30, 2022. Interest expense for the year ended December
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The interest expense for the year ended December 31, 2021, for Blanchard Corporation is b) $9,000.

<h3>How is interest expense computed?</h3>

Interest expense is prorated.  Since Blanchard Corporation issued the notes on April 30, the interest expense for the year will not be for 12 months but only 8 months (May to December).

<h3>Data and Calculations:</h3>

Note payable = $150,000

Interest rate = 9%

Period of note = 1 year

Date of issuance = April 30, 2020

Interest expense at December 31, 2021 = $9,000 ($150,000 x 9% x 8/12)

Thus, the interest expense for the year ended December 31, 2021 is b) $9,000.

Learn more about interest expense at brainly.com/question/16134508

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2 years ago
Verification: Is 18100 Von Karman Ave STE 400 the correct address to the cocomelon production. If yes, thanks for your response.
PIT_PIT [208]

Answer:

hi yes correct

Explanation:

5 0
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Measuring performance relative to objectives and standards is part of ___________.
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It would be part of <span>controlling</span>
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Larry wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he know
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At Park Incorporated, employees are allowed one-hour lunches, but it has become common that most stroll back fifteen minutes lat
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