Ayala architects incorporated as licensed architects on april 1, 2017. during the first month of the operation of the business, these events and transactions occurred:
apr. 1 stockholders invested $18,270 cash in exchange for common stock of the corporation.
1. hired a secretary-receptionist at a salary of $381 per week, payable monthly.
2. paid office rent for the month $914.
3. purchased architectural supplies on account from burmingham company $1,320.
10. completed blueprints on a carport and billed client $1,929 for services.
11. received $711 cash advance from m. jason to design a new home.
20. received $2,842 cash for services completed and delivered to s. melvin.
30. paid secretary-receptionist for the month $1,524.
30. paid $305 to burmingham company for accounts payable due.

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?

You are considering purchasing a company — assets, liabilities, warts, and all. you are aware that sometimes liabilities do not always show up on the balance sheet. discuss five examples of liabilities that may not be explicitly recognized on the balance sheet, making sure to explain why they are liabilities.

Norbert and suzie are both lineworkers for a utility company who have been working together for almost two years. norbert frequently tells suzie that the job is called "lineman" and not "linewoman," and thus, it is not a woman's job. he plays practical jokes on her such as hiding some of her tools and sabotaging her truck. he asks her when she plans on getting pregnant and staying at home to take care of her children and gives her copies of " wanted" ads for secretarial and waitress jobs. such behavior has kept suzie disturbed at work. if suzie complains about norbert's conduct: