Question: 1 the following information in millions comes from a...
1/ The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
|End of year balance in cash||1,023|
|Total stockholders' equity||396|
|Gross profit (Sales – Cost of Sales)||2,583|
|Net increase in cash for the year||15|
|Net operating cash flow||784|
|Other income (expense), net||(24)|
Compute Amazon's total liabilities at the end of the year.
2/ On November 1, 2018, Tim's Toys borrows $30,300,000 at 8% to finance the holiday sales season. The note is for a six-month term and both principal and interest are payable at maturity. What is the balance of interest payable for the loan as of December 31, 2018?
3/ Janson Corporation Co.'s trial balance included the following account balances at December 31, 2018:
|Note receivable, due 2021||50,900|
Investments consist of treasury bills that were purchased in November, 2018 and mature in January, 2019. Prepaid insurance is for two years. What amount should be included in the current asset section of Janson’s December 31, 2018, balance sheet?
4/ The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below.
|Assets||Liabilities and Equity|
|Current assets:||Current liabilities:|
|Accounts receivable (net)||184||Other liabilities||77|
|Notes receivable||57||Total current liabilities||303|
|Prepaid expenses||27||Total liabilities||398|
|Total current assets||547||Shareholders' equity:|
|Plant assets (net)||269||Capital stock||138|
|Total shareholders' equity||418|
|Total assets||$||816||Total liabilities and equity||$||816|
The current ratio is (Round your answer to two decimal places.):