Here is selected financial statement data regarding a company's balance sheet. Dec. 31, 2018 Dec. 31, 2017
Assets
Investments, long-term $ 14,000,000 $ 10,000,000
Liabilities and Stockholders' Equity
Bonds payable \ $ 10,000,000 $ 4,000,000
...
Common stock 800,000 800,000
Paid-in capital in excess of par value120,000 120,000
Retained earnings 1,800,000 1,470,000
Total stockholders' equity 2,720,000 2,390,000
During the year, the company sold investments with an original cost of $2,000,000 for $2,400,000.
In the statement of cash flows, the significant non-cash activities section should show a significant non-cash activity for $

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.