Question: Question 6 2 Points A company issues a $200,000, 5%, six-year note on January 1, 2021. If the monthly payment is $3,220.99, by how much
Question 6 2 Points A company issues a $200,000, 5%, six-year note on January 1, 2021. If the monthly payment is $3,220.99, by how much will the carrying value decrease when the first month's payment is made on January 31, 2021? A $833.33 (B) $3,220.99 $2,387.66 D) $4,054.32 Question 11 2 Points A company's balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets of $1,000,000. What is the company's debt to equity ratio? A) 1.0 B) 2.5 C) 0.66 D) 1.5
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