subject
Business, 03.12.2021 01:00 hncriciacheichi

Pane Co. had the following borrowings on its books at the end of the current year: + $100,000, 12 percent interest rate, borrowed five years ago on September 30; interest payable March 31 and September 30. + $75,000, 10 percent interest rate, borrowed two years ago on July 1; interest paid April 1, July 1, October 1, and January 1 + $200,000, noninterest-bearing note, borrowed July 1 of current year, due January 2 of next year, proceeds $178,000 What amount should Pane report as interest payable in its December 31 balance sheet?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:50
What happens when a bank is required to hold more money in reserve?
Answers: 3
question
Business, 22.06.2019 01:50
Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.
Answers: 1
question
Business, 22.06.2019 18:00
*will mark brainliest! * when a company spends resources (labor, money) to give customers "free" items, those costs are called a. investment costs b. economic costs c. scarcity costs d. opportunity costs answer asap!
Answers: 1
question
Business, 22.06.2019 19:30
At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation
Answers: 1
You know the right answer?
Pane Co. had the following borrowings on its books at the end of the current year: + $100,000, 12 pe...
Questions
Questions on the website: 13722359