This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Pilger Corporation has cash on hand at year-end of 201,000 and a negative cash flow from operations ... (Read 179 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jul 5, 2018
Pilger Corporation has cash on hand at year-end of 201,000 and a negative cash flow from operations of 144,000.What is the ratio of cash to monthly cash expenses?
 a. 12.0 months
  b. 7.2 months
  c. 1.4 months
  d. 16.8 months

Question 2

On January 1, 2011, Dew Drop Inn borrowed 80,000 at 8 interest. The loan will be repaid with equal annual installment payments of 8,900 made on the last day of each year, which is the companys yearend.
 
  Notes payable at December 31, 2011 equals ________.
  A) 80,000 on the income statement
  B) 80,000 on the balance sheet
  C) 75,958 on the balance sheet
  D) 77,500 on the balance sheet


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

D


mia

  • Member
  • Posts: 564
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Giraffe bending down to drink. The animal's rete mirabile prevents excess blood flow to the bra Giraffe bending down to drink. The animal's rete mirabile prevents excess blood flow to the bra
The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Change in air temperature at various air flow rates for a 4 pass operation Change in air temperature at various air flow rates for a 4 pass operation
Energy flow and chemical cycling Energy flow and chemical cycling
Overview of lymphatic system structures and the general direction of lymph flow from the extremities ... Overview of lymphatic system structures and the general direction of lymph flow from the extremities ...
Video: Regulation of GFR: three methods, autoregulation & autoregulation via myogenic mechanism

For a complete list of videos, visit our video library