Lily company was started last year when lily borrowed $70 cash from the local bank. lily used that $70 cash to purchase inventory for $70. this year lily company sold that inventory for $100 cash. which one of the following statements is true with respect to lily company's balance sheet after the sale of the inventory? a. cash is $30.b. accounts payable is $30.c. owners' equity is $100.d. owners' equity is $30.e. inventory is $30.

Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?