Business
Business, 05.05.2020 06:27, eri85

On December 31, 2021, Apple Inc. had a $1,500,000 note payable outstanding, due July 31, 2022. Apple had borrowed the money to finance construction of a new plant and planned to refinance the note by issuing long-term bonds. Because Apple temporarily had excess cash, it prepaid $500,000 of the note on January 23, 2022. In February 2022, Apple completed a $3,000,000 bond offering. Apple will use the bond offering proceeds to repay the note payable at its maturity and to pay construction costs during 2022. On March 13, 2022, Apple issued its 2021 financial statements. What amount of the note payable should Apple include in the current liabilities section of its December 31, 2021, balance sheet

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 18:40, paulusl19
Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?
Answers: 3
image
Business, 21.06.2019 21:30, dontcareanyonemo
Peninsula products has just applied for a loan at your bank. when reviewing peninsula's books for the year that just ended, you notice that the firm uses the fair value option for its bonds payable. you also see that the firm recorded a $55,000 debit in its bonds payable account and a $55,000 credit in its unrealized holding gain or loss"income account. over that same period, interest rates decreased by about 0.5 percent. how should this information affect the bank's decision as to whether to grant peninsula a loan? a : the bank should strongly consider giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen an increase in its credit rating over the past year. b : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely the result of the rise in interest rates. c : the bank should hesitate before giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen a decline in its credit rating over the past year. d : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely unrelated to either interest rates or the firm's credit rating.
Answers: 2
image
Business, 22.06.2019 12:10, Marcus2935
Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?
Answers: 2
image
Business, 22.06.2019 19:40, raewalker23p4ibhy
Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
Answers: 3
Do you know the correct answer?
On December 31, 2021, Apple Inc. had a $1,500,000 note payable outstanding, due July 31, 2022. Apple...

Questions in other subjects:

Konu
Social Studies, 20.03.2021 19:10
Konu
Mathematics, 20.03.2021 19:10
Konu
Geography, 20.03.2021 19:10
Konu
Mathematics, 20.03.2021 19:10
Konu
Mathematics, 20.03.2021 19:10