Kraft enterprises owns the following assets at december 31, 2020. cash in bank—savings account 68,000 checking account balance 17,000 cash on hand 9,300 postdated checks 750 cash refund due from irs 31,400 certificates of deposit (180-day) 90,000 what amount should be reported as cash?

Why is efficiency an important economic goal?

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)