Reeves co. filed suit against higgins, inc., seeking damages for copyright violations. higgins' legal counsel believes it is probable that higgins will settle the lawsuit for an estimated amount in the range of $170,000 to $270,000, with all amounts in the range considered equally likely. how should higgins report this litigation?

as a liability for $170,000 with disclosure of the range.

as a disclosure only. no liability is reported.

as a liability for $270,000 with disclosure of the range.

as a liability for $220,000 with disclosure of the range.

Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.

Match the different financial task to their corresponding financial life cycle phases

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan