At december 31 year-end, crabcrab corporation has anan $ 8 comma 000$8,000 note receivable from a customer. interest of 66% has accrued for 1010 months on the note. what will crab'scrab's financial statements report for this situation at december 31? a. the balance sheet will report the note receivable of $ 8 comma 000$8,000 and interest receivable of $ 400$400. b. nothing because the business has not received the cash yet. c. the income statement will report a note receivable of $ 8 comma 000$8,000. d. the balance sheet will report the note receivable of $ 8 comma 000$8,000.

He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.

Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?