at the beginning of year 2, a company invested $40,000 in a marketable debt security. at that time the security was appropriately classified as an available-for-sale debt security. at the end of year 2, the security had a fair value of $28,500. the change in fair value is deemed temporary. assuming no expected credit losses, how should this change in fair value be reported in the financial statements?
Answers
The change in fair value is deemed temporary. the change in fair value will be reported in the other comprehensive income (OCI) section of the comprehensive income statement,.
The change in fair value of the marketable debt security should be reported in the other comprehensive income (OCI) section of the comprehensive income statement. The change will be presented as a separate component of accumulated other comprehensive income, which is a section of shareholders' equity.
The journal entry to record this change in fair value at the end of year 2 is:
Investment in Marketable Debt Security: Dr $11,500OCI – Unrealized Loss on Marketable Debt Security: Cr $11,500
To summarize, the change in fair value will be reported in the other comprehensive income (OCI) section of the comprehensive income statement, and it will be presented as a separate component of accumulated other comprehensive income, which is a section of shareholders' equity.
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Related Questions
what does this scatter chart indicate about the relationship between the movie's inflation-adjusted budget and the inflation-adjusted world box-office receipts?
Answers
This scatter chart indicate about the relationship between year released and inflation-adjusted world box-office receipts.
A scatter chart, sometimes referred to as a scatter plot, is a graph that displays the correlation between two variables. They are a very effective type of chart because they enable viewers to see relationships or trends that would be nearly impossible to see in any other form right away.
Modern scatter charts are based on René Descartes' 17th-century cartesian coordinates system, albeit their exact origins are unknown. The majority of scatter plots used in science journals and publications may be found there.
One of the most adaptable and practical inventions in the history of statistical graphs is the scatter chart. This can seem like a bold statement, but scatter charts help make sense of muddled data.
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if monica is building computers under conditions of diminishing marginal returns, the marginal cost will:
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If Monica is building computers under conditions of diminishing marginal returns, the marginal cost will eventually increase.
What is Diminishing marginal returns?Diminishing marginal returns means that as more units of a variable input (such as labor or raw materials) are added to a production process while holding other inputs constant, the marginal product of that input will eventually decrease. In the context of building computers, this means that as more workers are added to the production process, the marginal product of each additional worker will eventually decrease.
As the marginal product of each additional worker decreases, the cost of producing each additional computer will increase. This is because more resources (such as raw materials, equipment, and time) will be required to produce each additional unit of output.
Therefore, the marginal cost of producing each additional computer will eventually increase as diminishing marginal returns set in, which can make it more difficult and costly for Monica to continue to expand production beyond a certain point.
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Define store records
Answers
Answer:
this is an important document that helps an organisation to determine the rate of use of raw materials
A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,500. The company retired these bonds by buying them on the open market at 97. What is the gain or loss on this retirement
Answers
Answer:
$1,500 loss
Explanation:
Calculation for the gain or loss on this retirement
First step is to find the 97% of the bond outstanding $100,000
Par value of bond=97%*$100,000
Par value of bond=$3,000
Second step is to calculate for the gain or loss on the retirement using this formula
Carrying value of bond=Par value of bond-Unamortized discount on bond
Let plug in the formula
Carrying value of bond=$3,000-$4,500
Carrying value of bond= -$1,500
Therefore the loss on this retirement will be $1,500
Certain brand names, such as Jacuzzi and Crock-Pot, fear they could become __________, because they are so commonly identified with a specific product category that consumers use these names to refer to any product in that category regardless of the manufacturer.
Answers
The brand names which includes Jacuzzi feared they could become generic names because they are so commonly identified with a specific product category.
Generic names refers to the brand name of a product or goods.
Here, Jacuzzi and Crock-Pot are brand name but people assumed the name are the name for the general product in question.
Therefore, the brand of Jacuzzi and Crock-Pot feared that their brand name could become generic names because they are so commonly identified with a specific product category.
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Answer:
generic names
Explanation:
outline 4 reasons why most developing countries rely on extractive levels of production
Answers
Explanation:
The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.
What type of communication provides powerful analytics that allow entrepreneurs to determine the effectiveness of their communication efforts?
O A. Interior communication
О в.
OC.
Nonverbal communication
Social media communication
D. Creativity communication
Answers
An appropriate choice is option (c). Business owners can use social media communication's robust analytics to assess the success of their communication efforts.
Social media communications are what?A communication method based on the internet is social media. Users can converse, share knowledge, and publish content online via social media platforms. Social media describes how individuals interact with one another through the creation, sharing, and/or exchange of knowledge and ideas in online groups and networks.
What constitutes effective corporate communication?Interaction between people is facilitated via communication. Entrepreneurs continually aim to enhance their communication skills because doing so will help them share and express their ideas clearly, as well as interact with their team, clients, and coworkers in a better way.
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you can spend $300 on either a pair of new air jordan sneakers or a new skateboard. if you choose to buy the air jordans, the opportunity cost is: group of answer choices $300. your enjoyment of the new skateboard. both the $300 and your enjoyment of the new skateboard. impossible to determine.
Answers
The opportunity cost of buying the Air Jordans would be both the $300 and your enjoyment of the new skateboard. Opportunity cost is the cost of forgoing the next best alternative.
In this case, if you choose to buy the Air Jordans for $300, you are giving up the opportunity to buy a skateboard which could also provide you with enjoyment. So the opportunity cost of buying the Air Jordans is both the $300 and the enjoyment you would have gained from buying the skateboard. You can think of this as the trade-off you are making. By choosing to spend $300 on Air Jordans, you are giving up the opportunity to spend that same $300 on a skateboard and all the benefits it would bring. In summary, the opportunity cost of buying the Air Jordans is the value of the next best alternative, which in this case is both the $300 and your enjoyment of the new Skateboard.
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Do you think lance is right to be concerned about leroy's plan for growth
Answers
Answer:
yes
please mark as brainliest
problems of privatization?
Answers
Answer:
political interference in decision making, costly and inefficient use of public resources
what is an everyday example of scarcity that demonstrates why scarcity is a basic economic problem that faces society?
Answers
of every day scarcity could it be how the desert doesn't really have water so the desert has a scarcity of water scarcity is a basic economic problem that Society faces because the world sometimes runs out of things that we need so certain people have to make loopholes to get to get around them another example is how during the coronavirus we had a scarcity of sanitizer Clorox wipes bleach and toilet paper
Which option best describes the main behavior that economics studies?
O A. People creating different governments around the world
O B. People participating in a traditional musical performance
O C. People experiencing the physical symptoms of a disease
O D. People making choices based on their limited resources
They
Answers
Answer:
D
Explanation:
Economist are known as people who manage resources base on the quantity of resources available
Answer:
D
Explanation:
Economics is the study of unlimited wants and limited resources.
assuming that expenses exceed revenues, which of the following correctly indicates the structure of the journal entry that is used to close revenue and expense accounts? multiple choice debit retained earnings, debit expenses, and credit revenues. debit revenues, debit retained earnings, and credit expenses. debit revenues, debit expenses, and credit retained earnings. debit expenses, credit revenues, and credit retained earnings.
Answers
Assuming that expenses exceed revenues, debit Revenues, credit Expenses, and credit Retained Earnings indicate the structure of the journal entry that is used to close revenue and expense accounts.
Revenue is the total amount of gains generated for one transaction of merchandise and duties related to the basic movements of an implausible story. Commercial revenue may further be referred to as marketing or as change. Some companies sustain a profit from interest, sovereignties, or different fees.
An expense account is a right to compensation for services gone by employees for work-accompanying purposes. Expense accounts are records of the amount a guest spends eventually-to-day costs all the while a likely bookkeeping ending. These accounts live for a set magnitude - a temporal length of an event or entity's existence, quarter, or old age - and then new reports are established for each new ending.
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Terrell has $300 to open a checking account. He plans to use the ATM four times per month at his local branch. He does not overdraft his account.
Answers
Answer:
Terrell needs a checking account that offers him either no fees at all for ATM withdrawals at the local branch, or that offers him the lowest fees in the market.
The reason is that Terrell will open his account with a relatively small amount of $300, and he plans to make 4 withdrawals in total. Given the small balance and the quantity of withdrawals, a high fee could easily represent an important percentage of the total balance, making him lose money, essentially.
Answer:
B
Explanation:
a manager preparing performance appraisals is reluctant to give an employee a low rating because the employee did a good job at the beginning of the year. this is an example of which performance appraisal rating error?
Answers
This is an example of performance appraisal rating error of halo effect.
Performance appraisal is a crucial process in assessing the work performance of employees in an organization.
One common rating error is the "halo effect," which occurs when a manager's overall impression of an employee influences their rating of specific job-related behaviors or traits.
This positive impression creates a "halo" that obscures the manager's ability to see and evaluate the employee's current performance objectively.
The halo effect is a significant performance appraisal error because it can lead to inaccurate assessments of employee performance, which can harm the organization's overall productivity and efficiency.
It can also lead to demotivation and frustration among other employees who may feel that their hard work is not being recognized and rewarded fairly.
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An investment will pay $100 at the end of each of the next 3 years, $250 at the end of Year 4, $350 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 7% annually, what is its present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent. Present value: $ Future value: $
question 8
You want to buy a car, and a local bank will lend you $40,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 4% with interest paid monthly. What will be the monthly loan payment? What will be the loan's EAR? Do not round intermediate calculations. Round your answer for the monthly loan payment to the nearest cent and for EAR to two decimal places.
Monthly loan payment: $
EAR: %
question 9
Find the present values of the following cash flow streams at an 11% discount rate. Do not round intermediate calculations. Round your answers to the nearest cent.
0 1 2 3 4 5
Stream A $0 $100 $350 $350 $350 $250
Stream B $0 $250 $350 $350 $350 $100
Stream A: $
Stream B: $
What are the PVs of the streams at a 0% discount rate? Round your answers to the nearest dollar.
Stream A: $
Stream B: $
Answers
PV of Stream A at 0% discount rate is $1,400 and PV of Stream B at 0% discount rate is $1,400.
Monthly loan payment = (Loan amount x monthly interest rate) / (1 - (1 + monthly interest rate)^(-number of months))
Monthly interest rate = 4% / 12 = 0.00333
Monthly loan payment = \(($40,000 x 0.00333) / (1 - (1 + 0.00333)^(-60)) = $736.81\)
EAR = (1 + monthly interest rate)^12 - 1 = (1 + 0.00333)^12 - 1 = 4.07%
PV of Stream A = \($100 / (1 + 0.11)^1 + $350 / (1 + 0.11)^2 + $350 / (1 + 0.11)^3 + $350 / (1 + 0.11)^4 + $250 / (1 + 0.11)^5 = $915.10\)
PV of Stream B =\($250 / (1 + 0.11)^1 + $350 / (1 + 0.11)^2 + $350 / (1 + 0.11)^3 + $350 / (1 + 0.11)^4 + $100 / (1 + 0.11)^5 = $1,014.62\)
PV of Stream A at 0% discount rate = $100 + $350 + $350 + $350 + $250 = $1,400
PV of Stream B at 0% discount rate = $250 + $350 + $350 + $350 + $100 = $1,400
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Whenever it is impossible to determine whether a change in principle or a change in estimate has occurred, the change should be considered a: change in accounting principle. correction of an error. change in estimate. counterbalancing error.
Answers
Whenever it is impossible to determine whether a change in principle or a change in estimate has occurred, the change should be considered a change in accounting principle.
A change in accounting principle refers to a change in the method or procedure used in the preparation of financial statements. It is important for a company to disclose any change in accounting principle and the impact it has on the financial statements in order to provide transparency and consistency to stakeholders.
A correction of an error refers to a correction made to previously issued financial statements due to a material error. A change in estimate, on the other hand, refers to a revision made to an estimate used in the preparation of financial statements due to new information or a change in circumstances.
A counterbalancing error refers to two errors that offset each other, resulting in no impact on the financial statements. In summary, if it is impossible to determine whether a change in principle or a change in estimate has occurred, the change should be considered a change in accounting principle.
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A firm's ________ describes how a firm will produce a superior return on invested capital. Question 9 options: A) market strategy B) competitive advantage C) value proposition D) revenue model
Answers
Answer:
D) revenue model
Explanation:
In business and finance, the revenue model refers to the way how a company plans to make profits, and the higher the profits, the better.
The revenue model of a company must include:
how the business will communicative and establish its value with its customers. Customers assign a value to the products and services that a business offers, and they will continue to purchase them as long as the value they perceive is larger than the price. how are company plans to price the value our customers assign to our products and services. If the customer value is higher than our price, customer surplus will result, but we will also be losing the opportunity to make money. Ideally, the price should equal the customer value.focusing on the symptoms, not causes, is a common mistake in which step of the decision-making process? step 4 step 1 step 3 step 5
Answers
focusing on the symptoms, not causes, step 1 is a common mistake in which step of the decision-making process.
Decision-making in psychology is seen as the cognitive process that leads to the choice of a belief or a plan of action from a variety of viable alternatives. It could be both logical and illogical. A decision-values, maker's preferences, and beliefs are used as a foundation for their reasoning process. The outcome of any decision-making process is a final conclusion, which may or may not lead to action.
Research on issue solving, notably in European psychology research, is frequently published along with research on decision-making. It is possible to think of decision-making as a problem-solving process that results in an ideal, or at the very least, acceptable, answer. So it is a process that might be more or less reasonable or irrational and can be founded on overt or covert facts and ideas.
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What’s the answer???
Answers
Answer:
I am not sure but I think it would be B right?
Explanation:
Because she already has $10 to go to the movie right, so she would use that 10 dollars to go to the movie with her friend?
when income increases by percent and all prices remain the same, the quantity of smartphones demanded increases by percent. calculate the income elasticity of demand of smartphones.
Answers
When income increases by a certain percentage while all prices remain constant, the quantity of smartphones demanded increases by a certain percentage.
The sensitivity of the quantity demanded for a certain good to a change in the real income of consumers who buy this good is referred to as income elasticity of demand.
The income elasticity of demand is calculated by dividing the percent change in quantity demanded by the percent change in income. With income elasticity of demand, you can determine whether a particular good is a necessity or a luxury. Income elasticity of demand is an economic measure of how responsive a good or service's quantity demanded is to changes in income. The responsiveness of demand for a specific good to changes in consumer income is measured by income elasticity of demand. The higher the income elasticity of demand for a specific good, the more demand for that good is linked to changes in consumer income.
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In business terms, what does I.T. stand for?
A. Insurance Trading
B. Independent Theory
C. Item Trading
D. Information Technology
Answers
IF YOU CAN HELP ME, I WILL GIVE U BRAINLIEST!!!! HIGHEST POSSIBLE AMOUNT OF POINTS BECAUSE I'M SO STUCK!!!!!
If you could just explain it for me, I would be so grateful!!
Step 1: Read the Scenario
Because of the great work you’ve been doing for your department at running shoe company Runner Rush, your vice president has elected you to join an innovative cross-departmental team in your organization. The company is looking to launch a new shoe that enhances any runner’s speed. Management wants this new team to create an idea within a month. All the members of the team are alleviated of some of their regular job duties in order to join several meetings a week to brainstorm and design the new product.
Step 2: Develop a Month Plan
You have been appointed as the team leader. Develop a month plan that you will present to your teammates at the initial meeting. Focus on developing a strong team dynamic, setting goals, expectations, deadlines, and other elements that will lead the team to success. Make sure that your plan is easy to follow and clearly outlines all the required information.
Answers
I T S W A I T I F O R G O T T H E A N W S E R S O R R Y B U T I F I G E T T H E A N W S E R B A C K U P O N M Y P H O N E I W I L L L E T Y O U K N O W
logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices
Answers
Answer:
i don´t nou sorry
Explanation:
When should a person proceed with a
choice in terms of marginal benefits
and cost?
O when the market is high
O when there is no difference
O when the benefits outweigh the
cost
Answers
Answer:
when the difference outweighs the cost
If there is a high demand for a product, then production will be__.
a. decreased
b. increased
c. the same
d. none of the above
Answers
Answer:
the answer is b. increased
Answer:
B.increased
Explanation:
if there is high damand for a product they will make/order more so they can get more money off of that popular item because a lot of people are buying it. so most likley the production of that item will be increased because it will help make them lots of money if they have that item in their store a lot.
You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.
Answers
Give me some hint please
Answer:
talk about the recipes
Explanation:
Why do government impose taxes on imported goods?
Answers
Tariffs are implemented by governments to increase revenue, safeguard native industries, or gain political sway over other nations. Tariffs frequently have unintended consequences, such raising consumer prices.
What are the 11 industries?
Tariffs are implemented by governments to increase revenue, safeguard native industries, or gain political sway over other nations. Tariffs frequently have unintended consequences, such raising consumer prices. Iron and steel, textiles, jute, sugar, cement, paper, petrochemicals, automobiles, information technology (IT), banking, and insurance are the main industries in India. Basic industries are those that give other sectors the materials they need to make products. Additionally, these sectors carry out raw material exploration, development, and processing. Iron and steel, metallurgy, wood, paper, milling, and chemicals are a few examples of basic industries.
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how did Suzy Batiz failures set her up for success?
Answers
Answer:
I'm not sure
Explanation:
Not enough explanation.
the segment of a chromosomes that control each characteristicl
Answers
Answer:
Gene
Explanation:
Gene is defined as basic unit of heredity found in living organism
Genes can be regarded as the
segments of deoxyribonucleic acid (DNA) which encompass code for a specific protein that has it's functions in the types of cell or cells in the body.Chromosomes are regarded as the structures contained within cells which contains Gene of a person. Genes are been contained in chromosomes, and are in the nucleus of the cell. There are 23 pairs of chromosomes contained in each one of cells in our body, one comes from our father and other chromosome from our mother, each of this chromosome has certain number of recipes, this recipe is regarded as as 'genes' which are recipe for proteins and protein are essential components needed for life.