multiple choice On Soptember 1. Year 1, West Company...

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Accounting

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On Soptember 1. Year 1, West Company borrowed 328.000 from Valley Bank. West agreed to pay interest arnually at the rate of 6 is per ye in The note issued by West carned an 18 -month term. West Company has a calendar yeaf end. What is the amount of interest rapense ithat we be reported on West's income statement for Yeat 1 ? Muteple Shoice 5168 5420 5560 Martin Company reported net income of $15,300 on gross sales of $84,500. The company has average total assess of 579700 of wish $104.500 is property, plant and equipment. What is the company's return on investment? (Round your antwer to 2 decimal places) Multiple Choice 1278 1813 14643 70595

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