On January 1, Year XXX1, Day Co. borrowed cash from First National Bank by issuing $90,000 face value, three-year term note that had a 7% annual interest rate. The note is to be repaid by making annual cash payments of $34,295 that include both interest and principal on December 31 of each year. Day used the proceedings from the loan to purchase land that generated rental revenues of $45,000 per year. Required: a) Find the balance on note payable to First National Bank on January 1, Year XXX3. b) Calculate the net income for years XXX1 and XXX2 assuming only the data provided. c) Find the values of all the assets and liabilities that would be reported in the balance sheet prepared on December 31, Year XXX1. d) Find out the net cash flow from operating activities, investing activities, and financing activities for the year XXX1.

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150

How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i. e. if your answer is $432.51, then type 432.51 without $ sign)