S4-8. (Learning Objective 3: Distinguishing current assets from non-current assets) Wayne Enterprises has the following liabilities: Accounts payable $24,000, Accrued staff wages $3,100, Accrued interest $2,600, Commission payable $2,800, Tax payable $6,000, Loan $110,000 (half of which is due in the coming financial period).

What are Waynes total current liabilities and total non-current liabilities?

E4-17A. (Learning Objective 3: Classifying assets based on liquidity) A thorough review of GE Broadcasting assets at the end of December 31, 20X5, resulted in the following information:

Cash on hand and cash at bank totaling $484,000

Fixed-term deposits with banks totaling $142,000 (matures July 1, 20X7)

Inventories totaling $324,000

Trade receivables totaling $245,000

Loans to employees of $120,000, 30% of which is due by the end of 20X6

PPE with a historical cost of $129,000 and accumulated depreciation of $12,000

Investment in associate companies using equity method at $35,000

Short-term investment in publicly traded shares of listed companies at $10,000

What are GE Broadcastings current and non-current assets?

E4-18A. (Learning Objective 3: Classifying liabilities based on liquidity) The same review in E4-17A resulted in the following information on GE Broadcastings liabilities at the end of December 31, 20X5:

LO 3

Trade payable of $317,000

Note payable of $245,000 due July 1, 20X7

Interest accrued for note payable $8,000 (payable every quarter, the next payment being

on April 1, 20X6)

Provisions for unbilled expenses of $40,000

Provision for employee benefit of $248,000 (first employee retirement expected in 20X9)

Interest-free loan from a shareholder, totaling $400,000, payable in eight equal quarterly

installments, first payment due on March 1, 20X6. What are GE Broadcastings current and non-current liabilities?