On november 1, 2018, new morning bakery signed a $203,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on may 1, 2019. new morning bakery records the appropriate adjusting entry for the note on december 31, 2018. what amount of cash will be needed to pay back the note payable plus any accrued interest on may 1, 2019? (do not round your intermediate calculations.)

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

What is used by accountant to analyze transactions ?