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kherson [118]
3 years ago
8

On September 1, 2021, Southwest Airlines borrows $39.3 million, of which $6.6 million is due next year. Show how Southwest Airli

nes would record the $39.3 million debt on its December 31, 2021, balance sheet. (Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.)
Business
1 answer:
Pavlova-9 [17]3 years ago
4 0

Answer:

Balance sheet

Current liability:

Current portion of long term debt = $6,600,000

Long term liability:

Notes payable = ($39,300,000 - $6,600,000)

                        = $32,700,000

Therefore,

Total liabilities = Current liabilities + Long term liabilities

                        = $6,600,000 + $32,700,000

                        = $39,300,000

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Answer:

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We use the sentence interruoters to indicate information that is not relevant to the sentence. This information, not being important, must be separated by two commas.

What is inside the comma <u>should not interfere with the final meaning of the sentence and its understanding</u>. We could remove that part and the sentence should continue to make sense.

In this case we have the following sentences:

<em>The VP of finance, not the CFO, works with the departmental managers to develop internal budgets. </em>

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Let's see what happens if we remove what is located between the commas:

<em>The VP of finance works with the departmental managers to develop internal budgets. </em>

<em>Our graduates always do well in the job market. </em>

As we can see, both sentences still make sense, which indicates that this information was not relevant and was well punctuated by being located between two commas.

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This is an example of A value cluster
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As the price level declines along the aggregate demand curve, the interest rate is most likely to:___________.
lbvjy [14]

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7 0
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If plant assets of a manufacturing company are sold at a gain of $1,000,000 less related taxes of $350,000, and the gain is not
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