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a08 Apollo Corp. reported the following balance sheet $5,000 $12,000 $28,000 $15,000 $45,000 $122,000 Cash Accounts Payable Accrued Payroll Accounts Receivable $17,000 $45,000 $10,000 Accruals Inventory Long-Term Debt Net Fixed Assets Common Stock $121,000 Retained Earnings Total Liabilities & Equity & Equity$210,000 $210,000 Total Assets Apollo Corp.'s current ratio is A) 2.59 B) 2.74 C) 2.98 D) 3.88 After the Camp Fire you decide to borrow $500,000 to rebuild your home in Paradise, CA. With FEMA's help, the bank charges an interest rate of 4% compounded monthly. If you pay back the loan over 30 years, what will your monthly payments be (rounded to the nearest dollar)? A) $1,123 B) $2,387 C) $17,542 D) $20,000 Q09