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 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Future Valueof the Annuity $500 every 6 months 12 10 semiannually $
Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Future Valueof the Annuity $80 every month 2 1 2 6 monthly $
Use the ordinary interest method to compute the time (in years) for the loan. Round your answer up to the next highest year when necessary. Principal Rate (%) Time Interest $25,000 8.7 years $10,875
O $146.06 $1810.97 O $889.66 O $440.85 Mustafa purchases an annuity due paying 8% quarterly. If his payment is $4511, how much will its value be in 7 years? O $170480.77 O $85815.40 O $509114.75 O $636100.96 O $43470.83 What will be the Future value on an investment account of $9497 compounded semiannually at 5% for 2 years? O $10487.16
← Find the present value of an ordinary annuity which has payments of $700 per year for 13 years at 5% compounded annually. The present value is $ (Round to the nearest cent.)
Kalie has $25,000 that she would like to invest in a certiicate of deposit earning 2.15% compunding monthly over a 5 year period. What would be the future value of her investment? $25,000.00 $27,834.59 $32,250.00 $125,000.00
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Calculate the missing information on the revolving credit account. Interest is calculated on the unpaid or previous month's balance. (Round dollars to the nearest cent.) PreviousBalance AnnualPercentageRate (APR)(as a %) MonthlyPeriodicRate FinanceCharge(in $) Purchasesand CashAdvances PaymentsandCredits NewBalance(in $) $2,470.00 1 1/4% $1,334.98 $400.00
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 $
PRACTICE ANOTHER Clearlake Optical has a $50,000 note that comes due in 3 years. The owners wish to create a sinking fund to pay this note. If the fund earns 1.5% compounded semiannually, how much must each semiannual deposit be? (Round your answer to the nearest cent.)
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
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

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