On October 1, 20x1, ABC Company rendered services to Sparky, Inc. in exchange for a six year, $510,000 non-interest-bearing note. Payments of P&I (Principal & Interest) are due each October 1st, with the first payment due immediately. December 31st is the fiscal year end for ABC. The imputed interest is 8% APR. The PVOA factor for 8%, 6n is 4.62 and the PVAD factor for 8%, 6n is 4.99. The PV of $1 factor for 8%, 6n is .63.Required:1. Determine the dollar amount of the cash payment of P&I to be $ remitted each April 1st.2. Determine the Service Revenue ABC can recognize on $ April 1, 2020. 3. Determine the Total Interest Revenue that ABC will recognize on this note for the year ended December 31, 2021. 4. Prepare a partial Balance Sheet for this Note Receivable as of December 31, 2020. Current Assets: Interest Receivable $ Note Receivable $Long-Term Investments:Note Receivable $

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000

When balancing wheels with either dynamic or road force balancers, technician a says it is really important to follow the instructions provided with the particular balancer you're using. technician b says that when rebalancing a wheel, if it is out of balance, it is best to remove the old weights and recheck the balance before adding new weights. who is correct?