For 2014,Celestion should report interest revenue of
A) $317,964.
B) $344,000.
C) $413,964.
D) $517,455.

Name: For 2014,Celestion should report interest revenue of A) $317,964. B) $344,000. C) $413,964. D) $517,455.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

The interest revenue is calculated based on the interest rate and the principal amount. The correct choice is $317,964, which is likely derived from the specific interest rate applied to the principal for the year 2014.

For 2014,Celestion Should Report Interest Revenue of