On October 1,2017,Parsons,Inc

question 110

Multiple Choice

On October 1,2017,Parsons,Inc.sold machinery to a customer for $20,000.The customer could not pay at the time of sale,but agreed to pay 10 months later,and signed an 10-month note at 10% interest.How much interest revenue was earned during 2017? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

• A)$530
• B)$500
• C)$3,500
• D)$1,667

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Definitions:

Males

Individuals of a species that produce sperm, the male reproductive cells, typically involved in sexual reproduction.

Urethra

(urethra) The tube that conducts urine from the bladder to the outside of the body.

Specialized Epithelium

Epithelial tissues that have specific functions and adaptations, such as those in the lining of the gut or the respiratory system.

Urinary Bladder

An organ that receives urine from the ureters and temporarily stores it.