On January 1, 2020, Carla Vista Co., a calendar-year company, issued $1,800,000 of notes payable, of which $450,000 is due on January 1 for each of the next four years.

The proper balance sheet presentation on December 31, 2020, is:

a) Current liabilities, $1,800,000.

b) Long-term debt, $1,800,000.

c) Current liabilities, $450,000; Long-term Debt, $1,350,000.

d) Current liabilities, $450,000; Long-term Debt, $900,000.

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

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?