Author Question: Investment decisions generally refer to the items that appear on the ________. A) left-hand side ... (Read 178 times)

burton19126 · **on:** Jul 10, 2018

Investment decisions generally refer to the items that appear on the ________.

A) left-hand side of the balance sheet, and financing decisions relate to the items on the right-hand side
B) right-hand side of the balance sheet, and financing decisions relate to the items on the left-hand side
C) right-hand side of the balance sheet, and financing decisions relate to the items on the income statement
D) left-hand side of the balance sheet, and financing decisions relate to the items on the income statement

Question 2

Aunt Tilly borrows 3,500 from the bank at 12 percent annually compounded interest to be repaid in four equal annual installments. The interest paid in the first year is ________.

A) 152
B) 277
C) 420
D) 1,152