On October 1st, FLY Tech, an Airline maintenance company, borrows $2,500,000 cash from Bank of America to expand operations. FLY signs a one year, 3% promissory note. FLY's year-end is December 31.
6. How was the loan classified on the company's December 31, year 1 balance sheet?
A. Current liability
B. Long term liability
C. Note disclosure only
D. Stockholders' Equity
7. How was the loan classified on the company's December 31, year 1 statement of cash flow?
A. Operating activity
B. Investing activity
C. Financing activity
D. Not shown on the statement of cash flows
8. $. How much interest should be accrued on December 31 of the first year (assume no previous entry
was recorded for interest on the loan)?

Problem 3: access control pokeygram, a cutting-edge new email start-up, is setting up building access for its employees. there are two types of employees: managers and engineers, and there are three departments: security, networking, and human resoures. each employee works in a single department, and each department is housed on a different floor. managers are allowed access to any floor, while engineers are allowed access only to their own floor. there are three badge-operated elevators, each going up to only one distinct floor. every employee has one badge. pokeygram wants to use the best possible access control method in order to minimize delay for the elevators (a) access control matrix, 1. which of the following would you recommend that pokeygram use: (b) access control lists, or (c) capabilities? make sure to justify your answer. 2. what, if any, would be the benefits (and/or disadvantages) of using rbac (role-based access control) in this situation? keep your solution for this problem limited to 10-12 lines of text.