The adjusted trial balance for lifesaver corp. at the end of the current year, 2018, contained the following accounts.5-year bonds payable 8% $3,000,000interest payable 50,000premium on bonds payable 100,000notes payable (3 months.) 40,000notes payable (5 yr.) 165,000mortgage payable ($15,000 due currently) 200,000salaries and wages payable 18,000income taxes payable (due 3/15 of 2019) 25,000the total long-term liabilities reported on the balance sheet area. $3,365,000.b. $3,350,000.c. $3,465,000.d. $3,450,000.

Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005