On October 1,2018,Stripes Inc

question 111

Multiple Choice

On October 1,2018,Stripes Inc.lends $100,000 to another company and accepts a 24-month,6% note.What is the amount of interest revenue Stripes will report in its 2018 income statement?

• A)$750.
• B)$1,500.
• C)$4,500.

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Distinctive

Having unique or distinguishing characteristics that set something or someone apart from others.

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Information or behavior that contradicts common stereotypes or generalizations about a group.