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Author Question: The annual percentage rate (APR) is the nominal rate of interest, found by multiplying the periodic ... (Read 88 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
Great answer, keep it coming :)

pratush dev

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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