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theoriginalstal9245
20.08.2021 •
Business
To break even, a business must sell enough units to . cover all its costs cover its fixed costs cover variable costs earn a profit.
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Ответ:
$4,000
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest × number of months ÷ (total number of months in a year)
= $100,000 × 12% × ( 4 months ÷ 12 months)
= $4,000
The four months is taken from Jan 2022 to May 2022
We simply applied the simple interest formula to determine the interest expense and the same is shown above