【单选题】Your firm has a line of credit with your local bank for $50,000. The loan agreement calls for interest of 9% with a 5% compensating balance requirement that is based on the total amount borrowed. What...
【单选题】On January 4, 2016, Mary's Cafe acquired equipment for $200,000. The estimated life of the equipment is 8 years. The estimated residual value is $10,000. What is the balance in the Accumulated Depreci...