Answer:
C. Liabilities that do not have a fixed due date, but are payable on demand, are reported as long-term liabilities.
Explanation:
The liabilities are the responsibility with regard to the amount that is borrowed by someone from any other person or financial institution. It is a responsibility of a person to return the borrowed amount within the prescribed time along with the interest. Its time period is more than one year
Based on the given options, the option A, B and D are correct but option D is not correct as they have the specified date
Hence, the option C is correct
Answer:
$45,323,443.20
Explanation:
The present value of the bonds consist of the present value of the semiannual interest payment i.e$42,000,000*11%*6/12=$2,310,000.00
The semiannual payment would be multiplied by the annuity for ten periods (5 years *2) using 4.5% (11%/2) which is 7.91272
present value of semiannual interest payment=7.91272
*2,310,000.00=$ 18,278,383.20
Present value of face value in after 10 periods=0.64393
*$42,000,000=$ 27,045,060.00
Total present value=$ 27,045,060.00+$18,278,383.20=$45,323,443.20
Answer:
SIMON COMPANY'S YEAR END BALANCE SHEET
AT DECEMBER 31 Current 1 yr ago 2 yrs ago
cash 6.1% 8.1% 9.90%
Accounts receivables 16.6% 14.1% 13.2%
inventory 21.5% 18.9% 14.6%
prepaid expense 1.8% 2.1% 1.1%
plant asset 54.0% 56.8% 61.2%
Total Asset 100.0% 100.0% 100.0%
Liabilities and Equity
Accounts payable 24.4% 17.1% 13.2%
Notes payable 18.6% 23.0% 22.5%
common stock 28.5% 33.1% 40.5%
Retained earnings 28.5% 26.9% 23.8%
total 100.0% 100.0% 100.0%
2) The change in % of accounts receivables is unfavorable because this means that our Debtors are not paying instead are continuing to buy on credit and that our collection methods are weak and ineffective.
3) The % change in inventory is unfavorable because it means we are selling less stock as years goes by and that we are buying more than we are selling.
Explanation:
I think that you could say it mostly like that by make your words more descriptive, I don’t really know what your going for tho
B just downloading programs that you think will be good that you will probably only use once is a waste of space on your hard drive and can cause the computer to run slowly. not only that but then you can also get a bunch of unwanted viruses by downloading programs you think you will like