The following information is available for crane company accounts receivable $3,300 cash $6,310 accounts payable 4,100 supplies 3,880 interest payable 580 unearned service revenue 820 salaries and wages expense 4,900 service revenue 42,100 notes payable 31,500 salaries and wages payable 850 common stock 50,400 depreciation expense 600 inventory 2,940 equipment (net) 109,800 using the information above, prepare a balance sheet as of december 31, 2022. (list assets in order of liquidity.)

Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Which feature is a characteristic of a corporation?