Bon nebo co. sold 25,000 annual subscriptions of bjorn 20xx for $85 during december 2014. these new subscribers will receive monthly issues, beginning in january 2015. in addition, the business had taxable income of $840,000 during the first calendar quarter of 2015. the federal tax rate is 40%. a quarterly tax payment will be made on april 12, 2015.prepare the current liabilities section of the balance sheet for bon nebo co. on march 31, 2015.

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Which of the following has the largest impact on opportunity cost

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.