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1. 2. 3. 4. Anderson Co, issued a $19,472, 60-day, discounted note to National Bank. The discount rate is 10%. At maturity, assuming a 360-day
1. 2. 3. 4. Anderson Co, issued a $19,472, 60-day, discounted note to National Bank. The discount rate is 10%. At maturity, assuming a 360-day year, the borrower will pays Os 35.41 Ob $59.472 Oc. $53,525 Od 560.463 A machine with a cost of $59,400 has an estimated residual value of $4,039 and an estimated life of 5 years or 18,144 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? O 522,144.40 OD SI 30.00 Oc. 523.760.00 Od. 514.256.00 A company with working capital of $820,000 and a current ratio of 3 pays a $133,000 short-term liability. The amount of working capital Immediately after payment is Oa $ 20,000 Ob. 5953,000 Oc. 5687.000 Od. $133.000 Chang Co, issued a $47,107, 120-day, discounted note to Guarantee Bank. The discount rate is 12%. Assuming a 360-day year, the cash proceeds to Chang Co, are Oa. 545.223 Ob 553,760 Oc 547,104 Od 547,578
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