On May Year Benz's Sandwich Shop loaned $ to Mark Henry for one year at percent interest.
Required:
a What is Benz's interest income for Year
b What is Benz's total amount of receivables at December Year
c How will the loan and interest be reported on Benz's Year statement of cash flows?
d What is Benz's interest income for Year
e What is the total amount of cash that Benz's will collect in Year from Mark Henry?
f How will the loan and interest be reported on Benz's Year statement of cash flows?
g What is the total amount of interest that Benz's earned on the loan to Mark Henry?
Note: For all requirements, round your answers to the nearest dollar amount.
tableaInterest income,bReceivables,cdInterest income,eCash,ffgInterest earned,
