Falcon Corporation has current assets of $400,000 and current liabilities of $275,000.  Compute the effect of each of the following transactions on Falcon's current ratio: Refinanced a $60,000 long-term mortgage with a short-term note. Purchased $108,000 of merchandise inventory with short-term accounts payable. Paid $50,000 of short-term accounts payable.   Collected $90,000 of short-term accounts receivable. please include details to support your response. Thank you.

abardeen corporation borrowed 58,000 from the bank on october 1, year 1.  The note had a 4 percent annual rate of interest and matured on march 31, year 2.  interest and principal were paid in cash on the maturity date. a. what amount of cash did abardeen pay for interest in year 1? b. what amount of interest expense was recognized on the year 1 income statement? c. what amount of total liabilities was reported on december 31, year 1, balance sheet?

A bank has interest expense of $150 million, earning assets of $1.4 billion, and a net interest margin of 5.0%. The bank also has interest-bearing liabilities of $1.1 billion. The bank's spread ratio must be O 1.94% 1.10% 2.08% 1.65%

Consider the following balance sheet for Northern Highland Credit Union (NHCU) before answering parts (i) through (v). Assets ($ million) $ Liabilities  ($ million) $ Cash 30 Overnight interbank borrowing (7.00%) 160 T-notes 2 month (7.05%) 60 2-year CD (5%) 20 T-notes 3 months (7.25%) 80 7 year fixed rate Subordinated debt (8.55%) 150 T-notes two-year (7.50%) 60 Equity 25 T-notes 10-year (8.96%) 100     Corporate bonds (>5 years to maturity) 25     Total assets 355 Total liabilities and Equity 355   What is the repricing (funding) gap over the 0-to-6 months maturity bucket?

Balance sheet computations. (Balance Sheet) Presented below is the trial balance of Hightower Corporation at December 31, 2025 Debit   Credit Cash    295,000 Sales Revenue $12,150,000 Debt Investments (trading) (at cost, $218,000) 230,000 Cost of Goods Sold 7,200,000 Debt Investments (long-term) 448,000 Equity Investments (long-term) 416,000 Notes Payable (short-term) 135,000 Accounts Payable   682,000 Selling Expenses 3,000,000 Investment Revenue   95,000 Land 390,000 Buildings 1,560,000 Dividends Payable 204,000 Accrued Liabilities 144,000 Accounts Receivable 652,000 Accumulated Depreciation–Buildings 228,000 Allowance for Doubtful Accounts 38,000 Administrative Expenses 1,350,000 Interest Expense 317,000 Inventory 895,000 Gain 120,000 Notes Payable (long-term) 1,350,000 Equipment 900,000 Bonds Payable 1,500,000 Accumulated Depreciation–Equipment 90,000 Franchises 240,000 Common Stock ($5 par) 1,500,000 Treasury Stock 287,000 Patents 293,000 Retained Earnings 117,000 Paid-in Capital…

SLM, Inc., with sales of $1,000, has the following balance sheet:SLM, Incorporated Balance Sheet as of 12/31/X0assetsLiabilities and equityAccounts receivable$200Trade accounts payable$  200Inventory400Long-term debt600Plant800Equity600$1, 4 0 0$1, 4 0 0It earns 10 percent on sales (after taxes) and pays no dividends.a.Determine the balance sheet entries for sales of $1,500 using the percent of sales method of forecasting

14. Gingerbread Corp was issued a $220,000 loan at 6%. The amortization schedule created by the company accountant is presented below.   How much interest will Gingerbread Corp record in interest expense over a period of 6 years?

104.

A company has current assets of $92,000 (of which $37,000 is inventory and prepaid items) and current liabilities of $37,000. What is the current ratio? What is the acid-test ratio? If the company borrows $17,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? Current Ratio   enter the ratio rounded to 2 decimal places  :1 Acid Test Ratio   enter the ratio rounded to 2 decimal places  :1 New Current Ratio   enter the ratio rounded to 2 decimal places  :1 New Acid Test Ratio   enter the ratio rounded to 2 decimal places  :1