Which of the following statements is CORRECT? a. The assets section of a typical company's balance sheet begins with cash, then lists the assets in order in which they will probably be converted to cash, with the longest living assets listed last. b. The balance sheet for a given year is designed to give us an idea of what happened to the firm during that year. c. If a company's statements were prepared in accordance with generally accepted accounting principals (GAAP), the market value of the sock equals the book value of the stock as reported on the balance sheet. d. The balance sheet for a given year tells us how much money the company earned during the year.

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

What resourse is both renewable and inexpensive? gold coal lumber mineral

Asupermarket has been experiencing long lines during peak periods of the day. the problem is noticeably worse on certain days of the week, and the peak periods are sometimes different according to the day of the week. there are usually enough workers on the job to open all cash registers. the problem is knowing when to call some of the workers stocking shelves up to the front to work the checkout counters. how might decision models the supermarket? what data would be needed to develop these models?