Multiple Choice
On April 1,2012,Company Z lends $200,000 to Company Y on a 8% note.For the six months ending June 30,2012,what amount of interest revenue will Company Z report on this note?
A) $4,000
B) $8,000
C) $12,000
D) $16,000
Correct Answer:
Verified
Correct Answer:
Verified
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