HoDuring the fourth quarter ended December 31, year 1, Lighting Fixtures Inc. ( LFI) had average outstanding revolving bank loans of $ 1.2 million. Assume that the quarterly interest charges associated with these loans was $ 7,500. If LFI makes the interest payment to the banks on January 15, year 2, what is the journal entry ( if any) made by the company on December 31 to reflect the above?

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.