The investment in equity securities account includes an investment in common stock of another corporation of $42,000 which management intends to hold for at least three years. the balance of these investments is intended to be sold in the coming year. the land account includes land which cost $37,000 that the company has not used and is currently listed for sale. the cash account includes $27,000 restricted in a fund to pay bonds payable that mature in 2024 and $35,000 restricted in a three-month treasury bill. the notes payable account consists of the following: a $42,000 note due in six months. a $62,000 note due in six years. a $62,000 note due in five annual installments of $12,400 each, with the next installment due february 15, 2022. the $72,000 balance in accounts receivable is net of an allowance for uncollectible accounts of $9,000. the common stock account represents 112,000 shares of no par value common stock issued and outstanding. the corporation has 600,000 shares authorized.
required: prepare a classified balance sheet for the almway corporation at december 31, 2021

Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate