Trade receivables occur when two companies trade or exchange ...

[cool]

Trade receivables occur when two companies trade or exchange notes receivables.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

On January 1, 2011, Zenith, Inc signed a 200,000, 5, 20-year mortgage note to buy a new office building. The mortgage will be repaid in a series of twenty equal annual installment payments. Calculate the amount of each payment.
 
  Round your answer to the nearest dollar.
  A) 10,000
  B) 16,049
  C) 10,500
  D) 20,000

[Loise Hard]

Answer to Question 1

False

Answer to Question 2

B