On january 2, 2018, jensen corporation sells equipment it manufactured to lewisburg fabricators in exchange for an $80,000 note due in five years. the note bears no stated interest rate, but requires the entire $80,000 to be repaid at the end of five years. jensen recently sold the same equipment to another company for $54,447. when lewisburg fabricators sought bank financing for this purchase the company was offered the funds at 8%, but decided to let jensen hold the note. what amount will jensen recognize as interest income during 2018?

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Which of the following statements is correct? a) one drawback of forming a corporation is that it generally subjects the firm to additional regulationsb) one drawback of forming a corporation is that it subjects the firms investors to increased personal liabilitiesc) one drawback of forming a corporation is that it makes it more difficult for the firm to raise capitald) one advantage of forming a corporation is that it subjects the firm's investors to fewer taxese) one disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?