On january 1, year 1, barnes company issued a $100,000 installment note. the note had a 10-year term and an 8 percent interest rate. barnes agreed to repay the principal and interest in 10 payments of $14,903 at the end of each year. which of the following shows the journal entry necessary to recognize the cash payment on december 31, year 1? note: the amounts shown in the journal entries are rounded to the nearest whole dollar.(a) debit: interest expense $8,000; notes payable $6,903; credit: cash $14,903(b) debit: interest expense $8,000; cash $6,903; credit: notes payable $14,903(c) debit: interest expense $14,903; credit: cash $14,903(d) debit: notes payable $14,903; credit: cash $14,903

Describe two (2) financial career options that an individual with a finance education might pursue and explain the value that such a position adds to a company. explain the essential skills that would make a person successful in each of the described positions. recommend one (1) of the career options. identify the most attractive features of the position.

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here. paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method. net cash provided $1,940,000

1. using only the amounts given, compute net cash provided by operations, both without and with the reclassification of the receivables. which reporting makes moss look better? 2. under what condition would the reclassification of the receivables be ethical? 3. unethical?