2. Prepare the current assets section of its December 31 year-end balance sheet. Current assets Total current assets JISKO Balance Sheet December 31 Assets
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The CEO of Jisko requests our help in preparing year-end financial reports. The CEO explains that they are having difficulty classifying accounts. The Tableau dashboard shows December 31 year-end data from the company’s accounting system.
the assests are
land used in operations 114,000
long term invested in stocls 36,000
notes receivable (due in 3 years) 26,000
accounts receivable 24,000
cash 26,000
prepaid expenses 10,800
supplies 10,200
inventory 55,000
intangibile assests 15,000
trucks
liabilities and equity are in the pictures
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- Fl in an amortization table (in dollars) for a loan of $8,500 to be paid back over 2 years, at an annual interest rate of 1.3, compounded quarterly. For eech value in the table, round your answer to the nearest cent and use this value to calculate the next value. Payment number Payment amount Payment amount to interest Payment amount to debt Outstanding principal S0.500 13 14Question 86 The following information is from First Yaupon Savings Association. Use this chart to answer questions 86-87. Assets 2 year commercial $600 loans million Par Amount +$100 million. -$500 million. -$100 million. O + $500 million. -$900 million. Rate Liabilities 10% 1 year CDs Par Amount $900 million Rate 2 year Treasury $400 Net $100 bills million Worth million What is the repricing gap over the 1-year maturity bucket? 7%Use Future Value and Present Value Tables to Apply Compound Interest to Accounting Transactions Kristen Quinn makes equal deposits of $500 semiannually for 4 years. Required: What is the future value at 8%? (Note: Round answers to two decimal places.)
- Amortization schedule Loan amount to be repaid (PV) $25,000.00 Interest rate (r) 11.00% Length of loan (in years) 3 a. Setting up amortization table Formula Calculation of loan payment #N/A Year Beginning Balance Payment Interest Repayment of Principal Remaining Balance 1 2 3 b. Calculating % of Payment Representing Interest and Principal for Each Year Year Payment % Representing Interest Payment % Representing Principal Check: Total = 100% 1 2 3 Formulas Year Beginning Balance Payment Interest Repayment of Principal Remaining Balance 1 #N/A #N/A #N/A #N/A #N/A 2 #N/A #N/A #N/A #N/A #N/A 3 #N/A #N/A #N/A #N/A #N/A b. Calculating % of Payment Representing Interest and Principal for Each Year Year Payment %…Find A and B in the table below. Principal Interest Rate Time Simple Interest Total Amount Owned $25,000 10% 2yrsFind the amount (in $) of interest on the loan. Principal Rate (%) Time Interest $70,000 5 4 1 2 years $
- The sum of money $ 1352 deposit in bank in 2 years at 4 % per annum of compound interest is Select one: $ 1642.3 $ 1426.3 $ 1462.3 plirr $ 1246.3Calculator sequence (1+(i÷365))y× n x P=A A. On April 13th Thomas Ash deposited $2600 in a passbook savings account at 3.5% interest compounded daily what is the compound amount in $ of his account on August 5th? $ B. Using daily compounding calculate the compound amount in $ of a $6000 investment for each of the 3 Cd's. the 1st national bank is offering a 5 year CD 4% interest.....$ the 2nd national bank is offering a 5 year CD at 3% interest....$ the 3rd national bank has a 5 year CD at 5.5% interest .....$Assets Cash Investments ( 1 year) Total The bank's one-year repricing gap is (million) Multiple Choice O $425 $285 $74 $140 $66 Return 0.00% 4.00% 6.00% 6.75% Million $ $35 $ 200 $225 $ 250 $ 710 Liabilities and Equity Fixed-rate deposits Rate-sensitive deposits Fed fund borrowings Long-term borrowings at fixed rate: (maturity> 1 year) Equity Total Cost 3.50% 2.00% 2.50% 5.50% Millions $ $ 240 $260 $ 25 $119 $66 $ 710
- Given the following information, calculate the duration of assets and liabilities. Assets Amount Rate Duration Cash 90 Loans 800 12% 2 years Treasuries 110 9% 8 years Liabilities and Equity Time deposits 500 6% 1.75 years CDs 425 8% 2.50 years Equity 75ts e-Services - Academic Departments ÉTC - CIMS A. Mahm Mustafa purchases an annuity due paying 6% quarterly. If his payment is $6142, how much will its value be in 7 years? O $214962.02 O $108092.53 O $802713.01 O $54648.25 O $642418.17 Khalil purchased five $990 bonds at a closing rate of 109.62%. If the brokerage is $5 per bond, the purchase price will be: O $6531.43 O $5446.19 O $5451.19 O $2738.10 O $4094.64Calculate the amount of simple interest payable if a person borrowed $25 500 at a simple interest rate of 12% over a three-year period. Select one: a. $9 000.00 b. $10 326.00 c. $9 180.00 d. $3 060.00