Horizon telecom sold 300000 wor th of 120-day commercial
Question - Horizon Telecom sold $300,000 wor th of 120-day commercial paper for $298,000. What is the dollar amount of interest paid on the commercial paper? What is the effective 120-day rate on the paper?
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please read the question carefully not under a perpetual inventory systemmonster company began operations in 2013 and
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question - horizon telecom sold 300000 wor th of 120-day commercial paper for 298000 what is the dollar amount of
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