Multiple Choice
Jannet Company, currently pays its employees at the end of a week. The weekly payroll totals $400,000. If it were to extend the pay period so as to pay its employees 1 week later throughout an entire year, the employees would in effect be lending the firm ________ for a year.
A) $400,000
B) $20,800,000
C) $4,800,000
D) $675,000
Correct Answer:
Verified
Correct Answer:
Verified
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