An electric device delivers a current of [tex]$15.0 A$[/tex] for 30 seconds. How many electrons flow through it?
Answer (2)
Approximately 2.81 × 1 0 21 electrons flow through the device that delivers a current of 15.0 A for 30 seconds. This is calculated using the relationship between current, charge, and the charge of an electron. The total charge is 450 C , leading to the electron count by dividing the charge by the charge of a single electron.
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To determine the total current liabilities of Cebu Company as of December 31, 2022, let's analyze the given information and identify which liabilities are considered current.
Accounts Payable: This amount is typically due within one year, so it is classified as a current liability.
Accounts Payable = 1 , 500 , 000
Bank Note Payable: The bank note was issued on August 1, 2022, and is due on July 31, 2023. This means it is due within one year from the balance sheet date (December 31, 2022), making it a current liability.
Bank Note Payable = 600 , 000
Mortgage Note Payable: The mortgage note is due on March 1, 2023. Even though the company intends to refinance it with a new 10-year note, it is currently due within one year as of December 31, 2022, which classifies it as a current liability.
Mortgage Note Payable = 1 , 200 , 000
Rent Revenue: The rent for November 1, 2022, to October 31, 2023, was paid in advance, and the total amount is 300 , 000 . The portion covering January 1, 2023, to October 31, 2023, is unearned as of December 31, 2022, and should be recognized as a liability.
The unearned portion can be calculated as follows:
Unearned Rent Revenue = ( 12 10 ) × 300 , 000 = 250 , 000
Now, calculate the total current liabilities by summing the above amounts:
Total Current Liabilities = Accounts Payable + Bank Note Payable + Mortgage Note Payable + Unearned Rent Revenue = 1 , 500 , 000 + 600 , 000 + 1 , 200 , 000 + 250 , 000 = 3 , 550 , 000
Thus, the total current liabilities reported on December 31, 2022, should be 3 , 550 , 000 .
Therefore, the correct answer is option b. 3,550,000 .
