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Author Question: The annual percentage rate (APR) is the nominal rate of interest, found by multiplying the periodic ... (Read 55 times)

casperchen82

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on: Jul 10, 2018
The annual percentage rate (APR) is the nominal rate of interest, found by multiplying the periodic rate by the number of periods in one year.
 
  Indicate whether the statement is true or false

Question 2

A 60,000 outlay for a new machine with a usable life of 15 years is an operating expenditure that would appear as a current asset on a firm's balance sheet.
 
  Indicate whether the statement is true or false


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jaykayy05

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Reply #1 on: Jul 10, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


casperchen82

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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