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 172 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
Excellent

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Radial Nerves of the Hand Radial Nerves of the Hand
Dial-A-Flo in-line device to regulate IV flow. Dial-A-Flo in-line device to regulate IV flow.
Bionic Hand Bionic Hand
Lean 6 Sigma - LHM Process Flow Diagram Lean 6 Sigma - LHM Process Flow Diagram
The left-hand rule states that if a coil is grasped with the left hand, the fingers will point in ... The left-hand rule states that if a coil is grasped with the left hand, the fingers will point in ...
Effleurage to iliotibial band with palm. Apply with heel of the hand from superior attachment to ... Effleurage to iliotibial band with palm. Apply with heel of the hand from superior attachment to ...
Video: Factors that influence muscle tension - Sarcomere length and force, understretched and overstretched

For a complete list of videos, visit our video library