The murdock corporation reported the following balance sheet data for 2016 and 2015: 2016 2015 cash $ 87,365 $ 28,355 available-for-sale securities (not cash equivalents) 20,000 94,000 accounts receivable 89,000 76,350 inventory 174,000 153,100 prepaid insurance 2,310 2,900 land, buildings, and equipment 1,268,000 1,134,000 accumulated depreciation (619,000 ) (581,000 ) total assets $ 1,021,675 $ 907,705 accounts payable $ 84,440 $ 157,670 salaries payable 23,600 29,000 notes payable (current) 33,100 84,000 bonds payable 209,000 0 common stock 300,000 300,000 retained earnings 371,535 337,035 total liabilities and shareholders' equity $ 1,021,675 $ 907,705 additional information for 2016: sold available-for-sale securities costing $74,000 for $79,400. equipment costing $20,000 with a book value of $5,900 was sold for $7,350. issued 6% bonds payable at face value, $209,000. purchased new equipment for $154,000 cash. paid cash dividends of $24,500. net income was $59,000. required: prepare a statement of cash flows for 2016 in good form using the indirect method for cash flows from operating activities. (amounts to be deducted should be indicated with a minus sign.)

Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?