On june 8, alton co. issued an $90,000, 6%, 120-day note payable to seller co. assuming a 360-day year for your calculations, what is the maturity value of the note?

a. $90,450

b. $90,000

c. $91,800

d. $95,400

A B C Cash provided (used) by operating activities $ 64,000 $ 60,000 $ (24,000) Cash provided (used) by investing activities (26,000) (35,000) 27,000 Cash provided (used) by financing activities (6,000) 0 24,000 Net increase (decrease) in cash $

Emporia Corporation is a lessee with a capital lease. The asset is recorded at $810,000 and has an economic life of 8 years. The lease term is 5 years.

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When Crossett Corporation was organized in January 2018, it immediately issued 4,000 shares of $50 par, 6 percent, cumulative preferred stock and 50,000 shares of $20 par common stock.

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