Emily is trying to decide between investing $1,000 or $1,500…

Emily is trying to decide between investing $1,000 or $1,500 at the beginning of each year for the next 40 years into a retirement account yielding 10.78%. After 40 years, how much extra money will Emily have in her IRA if she invests $1,500 annually instead of $1,000 annually?

       Cash                                     $   75,000  …

       Cash                                     $   75,000        Accounts receivable                 45,000        Inventory                                  10,000        Land                                          50,000        Building (net)                            80,000        Short term bank loan               60,000        Current portion of mortgage     5,000        Mortgage payable                  100,000        Share capital                           250,000 The current ratio formula is:      Current Assets                                                   Current Liabilities Calculate the current ratio: