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8:23 docs.google.com The maturity date for 3 months note issued on November 1, 2021 is: May 1, 2021 April 30, 2021 March 1, 2021 July 1, 2021 None of the above The maturity date for 60 days' note dated March 10, 2020 is: . June 9, 2020 May 9, 2020 June 10, 2020 May 10, 2020 None of the above If $6,000 is the interest expense of an 6 months note with a face value of $120,000: the annual interest rate is: * 32% 16% O 10% On January 1, 2020, Sanaa Company purchases a car that has a depreciable cost of $80,000. The company's manager decides that the useful life of the car is 5 years with a salvage value of $8,000. Financial statements are prepared yearly at year end and straight line method of depreciation is used. The cost of the car is: * $120,000 $88,000 $80,000 $72,000 None of the above Annual Depreciation expense is: * $22,000 $8,000 $16,000 $20,000 None of the above 8:23 .docs.google.com June 10, 2020 May 10, 2020 None of the above If $6,000 is the interest expense of an 6 months note with a face value of $120,000: the annual interest rate is: 32% 16% 10% 20% None of the above The interest of a 36-days. $50.000, 10% note payable is $15,000 $500 $1,500 $4,500 None of the above 8:22 AA docs.google.com $80,000 $72,000 None of the above Annual Depreciation expense is: $22,000 $8,000 $16,000 $20,000 None of the above On December 31, 2024 the Book Value of the car is: $40,000 $8,800 $8,000 $4,000 None of the above B