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9 The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Current assets Cash Current liabilities: Accounts payable 8 $

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9 The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Current assets Cash Current liabilities: Accounts payable 8 $ 75 $238 00:20 31 Accounts receivable 183 Skipped (net) Notes receivable 65 Inventories 217 35 Prepaid expenses Total current assets Plant assets (net) 575 258 Other liabilities 64 Total current liabilities 302 Long-term liabilities 105 Total liabilities 407 Shareholders' equity Capital stock 133 Retained earnings 293 Total shareholders 426 equity Total liabilities and $833 equity Total assets $833 Working capital is: Multiple Choice $273 thousand $575 thousand $168 thousand $337thousand Present and future value tables of $1 at 3% are presented below. 8 N FVA $1 FV $1 1.03000 1.06090 PV $1 0.97087 PVA $1 0.97087 FVAD $1 10300 PVAD $1 100000 1 10000 2 0.94260 2.0300 2.0909 1.97087 00:18:58 3 1.09273 0.91514 3.0909 3.1836 2.91347 4 112551 191347 2.82861 3.71710 4.57971 0.88849 4.1836 Skipped 4.3091 3.82861 5 115927 0.86261 5.4684 5.3091 6.4684 6 1.19405 0.83748 5.41719 6.6625 7 76625 6.23028 122987 126677 0.81309 078941 8 8.8923 7,01969 78923 9.1591 10.4639 9 1.30477 0.76642 10.1591 778611 10 134392 0.74409 11.4639 8.53020 11.8078 11 1.38423 0.72242 12.8078 4.71710 5.57971 6.41719 723028 8.01969 8.78611 953020 110.25262 10.95400 11.63496 12.29607 12.93794 13.1920 12 1.42576 0.70138 14.1920 15.6178 14.6178 13 146853 0.68095 9.25262 9.95400 10.63496 11.29607 11.93794 14 15 1.51259 155797 0.66112 0.64186 16.0863 17.5989 170863 18.5989 19.1569 16 160471 0.62317 20.1569 12.56110 20.7616 Shelley wants to cash in her winning lottery ticket. She can either receive eight, $187.000 semiannual payments starting today, or she can receive a lump sum payment now based on a 6% annual interest rate What is the equivalent lump-sum payment? Multiple Choice $1200015 $1352062 $1043,406 5882.09

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