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Homework Answers
1. Current liabilities = 1,800,000 + 80,000 = 1,880,000
2. Long term liabilities = 11,700,000
3. Current liability = 1,800,000
Long term liability = 11,700,000
4. Current liability = 1,800,000
Long term liability = 11,700,000
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Up to 50 Off Sale Homework (due day 7] Saved Help SEX Submit Check my work...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $9.7 million due on February 8, 2022. Rushing sold 1.5 million shares of its $0.25 par, common stock on February 3, 2022, for $7.5 million. The proceeds from that sale along with $2.2 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8 Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $7.4 million due on February 8, 2022. Rushing sold 1.0 million shares of its $0.25 par, common stock on February 3, 2022, for $5.4 million. The proceeds from that sale along with $2.0 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $7.4 million due on February 8, 2022. Rushing sold 1.0 million shares of its $0.25 par, common stock on February 3, 2022, for $5.4 million. The proceeds from that sale along with $2.0 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $8.3 million due on February 8, 2022. Rushing sold 2.0 million shares of its $0.25 par, common stock on February 3, 2022, for $6.0 million. The proceeds from that sale along with $2.3 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $10.5 million due on February 8, 2022. Rushing sold 3.0 million shares of its $0.25 par, common stock on February 3, 2022, for $8.1 million. The proceeds from that sale along with $2.4 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $10.5 million due on February 8, 2022. Rushing sold 3.0 million shares of its $0.25 par, common stock on February 3, 2022, for $8.1 million. The proceeds from that sale along with $2.4 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Huntong 8 2022 Rushing sold 3.5 Van Rushing Hunting Goods' fiscal year ends on...
Van Rushing Huntong 8 2022 Rushing sold 3.5 Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $18.0 million due on February 8, 2022 Rushing sold 3.5 million shares of its $0.25 par, common stock on February 3, 2022, for $14.0 million. The proceeds from that sale along with $4.0 million from the maturation of some 3-month CDs were used to pay the notes payable...
6 Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the...
6 Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $9.7 million due on February 8, 2022. Rushing sold 1.5 million shares of its $0.25 par, common stock on February 3, 2022, for $7.5 million. The proceeds from that sale along with $2.2 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. 16.7 points Through his...
Van Rushing Hunting Goods’ fiscal year ends on December 31. At the end of the 2021...
Van Rushing Hunting Goods’ fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $17.8 million due on February 8, 2022. Rushing sold 5.0 million shares of its $0.25 par, common stock on February 3, 2022, for $15.0 million. The proceeds from that sale along with $2.8 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Transit Airlines provides regional jet service in the Mid-South. The following is information on liabilities of...
Transit Airlines provides regional jet service in the Mid-South. The following is information on liabilities of Transit at December 31, 2021. Transit's fiscal year ends on December 31. Its annual financial statements are issued in April. 1. Transit has outstanding 5.5% bonds with a face amount of $73 million. The bonds mature on July 31, 2027 Bondholders have the option of calling (demanding payment on the bonds on July 31, 2022, at a redemption price of $73 million. Market conditions...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $9.7 million due on February 8, 2022. Rushing sold 1.5 million shares of its $0.25 par, common stock on February 3, 2022, for $7.5 million. The proceeds from that sale along with $2.2 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8 Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $7.4 million due on February 8, 2022. Rushing sold 1.0 million shares of its $0.25 par, common stock on February 3, 2022, for $5.4 million. The proceeds from that sale along with $2.0 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $7.4 million due on February 8, 2022. Rushing sold 1.0 million shares of its $0.25 par, common stock on February 3, 2022, for $5.4 million. The proceeds from that sale along with $2.0 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $8.3 million due on February 8, 2022. Rushing sold 2.0 million shares of its $0.25 par, common stock on February 3, 2022, for $6.0 million. The proceeds from that sale along with $2.3 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $10.5 million due on February 8, 2022. Rushing sold 3.0 million shares of its $0.25 par, common stock on February 3, 2022, for $8.1 million. The proceeds from that sale along with $2.4 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $10.5 million due on February 8, 2022. Rushing sold 3.0 million shares of its $0.25 par, common stock on February 3, 2022, for $8.1 million. The proceeds from that sale along with $2.4 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. Through his attorney, one of...
Van Rushing Huntong 8 2022 Rushing sold 3.5 Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $18.0 million due on February 8, 2022 Rushing sold 3.5 million shares of its $0.25 par, common stock on February 3, 2022, for $14.0 million. The proceeds from that sale along with $4.0 million from the maturation of some 3-month CDs were used to pay the notes payable...
6 Van Rushing Hunting Goods' fiscal year ends on December 31. At the end of the 2021 fiscal year, the company had notes payable of $9.7 million due on February 8, 2022. Rushing sold 1.5 million shares of its $0.25 par, common stock on February 3, 2022, for $7.5 million. The proceeds from that sale along with $2.2 million from the maturation of some 3-month CDs were used to pay the notes payable on February 8. 16.7 points Through his...
Transit Airlines provides regional jet service in the Mid-South. The following is information on liabilities of Transit at December 31, 2021. Transit's fiscal year ends on December 31. Its annual financial statements are issued in April. 1. Transit has outstanding 5.5% bonds with a face amount of $73 million. The bonds mature on July 31, 2027 Bondholders have the option of calling (demanding payment on the bonds on July 31, 2022, at a redemption price of $73 million. Market conditions...
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