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topjm [15]
3 years ago
9

In each succeeding payment on an installment note:

Business
1 answer:
Serggg [28]3 years ago
5 0

Answer:

In each succeeding payment on an installment note:

b. The amount that goes to interest expense decreases.

Explanation:

With each installment settled, the principal amount will continue to reduce and as a result, the amount that will be recognized as interest expense will also decrease.  This is because the interest expense is calculated based on the principal amount, which is decreasing with each installment.  The interest expense for a previous period will not be the same for the future period.

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Answer:

(c) Operations management

Explanation:

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3 years ago
Tamarisk, Inc. has 12000 shares of 5%, $100 par value, non-cumulative preferred stock and 48000 shares of $1 par value common st
hjlf

Answer:

$84,000

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