On September 1, 2018, Select Company borrowed $600,000 from a bank and signed a 12%, six-month note payable, with interest on the note due at maturity. The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2018, is:

Total amount in current liability in the balance sheet = $ 624,000

Explanation:

Interest = Principal x  time x rate

   $600,000 X 12% x 4/12 ( september - december )

=$24,000

Total amount in current liability in the balance sheet at December 31,2018

Principal + interest = $600,000+ 24,000= $ 624,000

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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