Note 1: On April 1 of the current year, Warren Corporation received a $34,000, 10 percent note from a customer in settlement of a $34,000 open account receivable. According to the terms, the principal of the note and interest are payable at the end of 12 months. The annual accounting period for Warren ends on December 31. Note 2: On August 1 of the current year, to meet a cash shortage, Warren Corporation obtained a $34,000, 12 percent loan from a local bank. The principal of the note and interest expense are payable at the end of six months.

Required:
For the relevant transaction dates of each note, indicate the amounts and the direction of effects on the elements of the balance sheet and income statement.

Select the correct answer. joshua runs a large manufacturing business that is listed on the stock exchange. his company made good profits in the previous financial year. he now plans to reward his shareholders with handsome dividends. under which category of activities in the cash flow statement would the company’s accountants place this outflow of cash? a. investing activities b. operating activities c. financing activities d. non-operating activities

Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic

What is the equity method balance in the investment in lindman account at the end of 2018?