Jam Company had P5,000,000 note payable that is due on March 1, 2014. The entity borrowed P3,500,000 on February 1, 2014 which has a five-year term and used the proceeds to pay down the note and used other cash to pay the balance. The 2013 financial statements were issued on March 31, 2013. What amount of the note payable should be classified as noncurrent on December 31, 2013?
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Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
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Jam Company had P5,000,000 note payable that is due on March 1, 2014. The entity borrowed P3,500,000...
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