Question: do it by excel bonuses to key employees based on...
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Bonuses to key employees based on net income for 2017 are estimated to be $150,000 On December 1, 2017, the company borrowed $600,000 at 8% per year. Interest is paid quarterly. Accounts receivable at December 31, 2017, is $10,000,000. An aging analysis indicates that Baylor's expense provision for doubtful accounts is estimated to be 3% of the receivables balance. On December 15, 2017, the company declared a $2.00 per share dividend on the 40,000 shares of common stock outstanding, to be paid on January 5, 2018. During the year, customer advances of $160,000 were received; $50,000 of this amount was earned by December 31, 2017.
What is the Current Liabilities ?
What is the total amount of Current Liabilities ?
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