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?

Asavings account that pays interest every 3 months is said to have a interest period

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is: