The following information was taken from Slater Company's balance sheet: Fixed assets (net) $1,912,320 Long-term liabilities 460,800 Total liabilities 779,620 Total stockholders' equity 2,293,000 Round your answers to two decimal places. a. Determine the company's ratio of fixed assets to long-term liabilities. fill in the blank 1 b. Determine the company's ratio of liabilities to stockholders' equity. fill in the blank 2

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.

In two or three sentences describe how open market

Harveys corporation borrowed $60,000 from the bank on november 1, 2014. the note had a 6 percent annual rate of interest and matured on april 30, 2015. interest and principal were paid in cash on the maturity date. required a. what amount of interest expense was paid in cash in 2014?