Pitchfork Manufacturing, Inc. has the following liabilities at December 31, 2020. Determine how much should be reported in the Current liabilities and Long term liabilities sections, respectively, of its classified balance sheet Deferred revenue $48,000 Accounts payable $35,000 Federal income tax payable 26,200 Note payable, issued December 31, 2020, due in monthly installments of $10,000 250,000 8%, 20-year bonds payable, issued January 1, 2010, interest payable annually on January 1 300,000

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?