The liabilities of Organic Foods are made up of $60,000 in notes payable as of its December 31 year-end. For those notes payable,$3,000 is due within the next year. Prepare the liabilities section of Organic Foods's December 31 year-end balance sheet.ORGANIC FOODSLiabilities Section of Balance SheetDecember 31Current liabilitiesLong-term liabilitiesTotal liabilities

Given that total liabilities are $ 60,000 payable as of 31 December. $3000 is due with next year on…

Answered: e liabilities of Organic Foods are made…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $3,000 every year 20 4 annually $
Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $300 every month 1 1 4 6 monthly
You have just been hired as a loan officer at a national bank. Your first assignment is to calculate the amount of the periodic payment (in $) required to amortize (pay off) the following loan being considered by the bank (use Table 12-2). (Round your answer to the nearest cent.) LoanPayment PaymentPeriod Term ofLoan (years) NominalRate (%) Present Value(Amount of Loan) every month 1 1/4 6 20,000
a. Zadia placed $800 in a savings account which pays 6% interest compounded annually. At the end of 5 years she will have in her account. b. The future value interest factor which can be used to compute Zadia's interest is $1040 $1070.40 5.6371 1.338
Payment Number Amount of Payment 0 1 $310.97 2 $310.97 3 $310.97 4 $310.97 5 $310.97 6 $310.97 7 $310.97 8 $310.97 9 $310.97 10 $310.97 11 $310.97 12 $310.97 Amortization Table Interest for Period $35.00 $32.24 $29.45 $26.64 $23.79 $20.92 $18.02 $15.09 $12.13 $9.15 $6.13 $3.08 Portion to Principal $275.97 $278.73 $281.52 $284.33 $287.18 $290.05 $292.95 $295.88 $298.84 $301.82 $304.84 $307.89 Principal at End of Period $3500.00 $3224.03 $2945.30 $2663.78 $2379.45 $2092.27 $1802.22 $1509.27 $1213.39 $914.55 $612.73 $307.89 $0.00
a. RM9338 b. RM9385 C.RM 9583 a EXAMPLE 2 2. Johan won an annuity that pays RM1000 every 3 months for 3 years. What is the present value of this annuity if the money worth 16% compounded quarterly? Ob
Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $300 every month 1 1 4 6 monthly $
Treasury Bill ( T-Bills ) is a short-term investment product ( from 91 days to 365 days) backed by the Bank of Ghana on behalf of the Government. When you buy one, you are essentially lending money to the government of Ghana. Treasury Bills are one of the safest forms of investment in Ghana because they are backed by the Government of Ghana and are considered risk-free. Upon maturity, the government will repay the amount it borrowed ( your investment ) with the determined interest rate given at the time of the investment. With this information in mind, a student from Ghana Communication Technology University decided to invest her GH¢24,500.00. She divided the money into three different accounts. At the end of 2020, she had made GH¢1,300.00 in interest. The 91-days yield on each of the three accounts was 4%, 5.5% and 6%. If the amount of money in the 4% account was four times the amount of money in the 5.5% account, how much money did she initially placed…
Chetan

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