Mitch and bill are both age 75. when mitch was 25 years old, he began depositing $1500 per year into a savings account. he made deposits for the first 10 years, at which point he was forced to stop making deposits. however, he left his money in the account, where it continued to earn interest for the next 40 years. bill didn't start saving until he was 45 years old, but for the next 30 years he made annual deposits of $1500. assume that both accounts earned an average annual return of 6% (compounded once a year). complete parts (a) through (d) below.

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).