Junction Company Had the Following Transactions,among Others,during August

question 10

Multiple Choice

Junction Company had the following transactions,among others,during August.Which transaction represented an expense during August?

• A) It paid $3300 in settlement of a loan obtained three months earlier.
• B) It paid $500 for advertising performed in June.
• C) It purchased $500 of repairs on account for the delivery truck;the account will be paid during September.
• D) It paid dividend to shareholders.

Gain insights into the impact of cash flows on investment appraisal decisions.

Acknowledge the importance of considering the hurdle rate in investment decision making.

Understand the computation and significance of the accounting rate of return (ARR) for capital investments.

Calculate the payback period for capital investments.