User Account

All Pages

What the amount that Kavior Inc report in its AOCI account

Assignment Help Accounting Basics
Reference no: EM133055472

Question - On January 1, 2021, Kavior Inc. Ha a credit balance in the Accumulated Other Comprehensive Income (AOCI) of $36970. On August 21, 2021 Kavior Inc purchased 3000 Shares of Emilia Inc for $110 plus $2500 in brokage commission, Which were capitalized. Kavior Inc. correctly classified this investment as FV-OCI without recycling. On September 20, 2021, Inc. sold half of the shares for $114 each. On December 31, 2021, Emilia Inc. shares traded at $107. In 2021, Kavior reported net income of $35920. What the amount that Kavior Inc. would report in its AOCI account at December 31, 2021?

Reference no: EM133055472

Questions Cloud

How many full deposits are required : You make deposits of $1,000 at the end of each quarter in an account earning 7.25% compounded quarterly. How many full deposits are required
Determine the present value of the bonds payable : Moss Co. issued $101,000 of four-year, 11% bonds with interest payable semiannually, Determine the present value of the bonds payable
Determine the unit contribution margin : The following is information concerning a product manufactured by Ames Brothers. Determine the unit contribution margin
What is the amount of dividends income : What is the amount of dividends income and gain/loss on disposal of investments to be included in net income on December 31, 2021
What the amount that Kavior Inc report in its AOCI account : In 2021, Kavior reported net income of $35920. What the amount that Kavior Inc. would report in its AOCI account at December 31, 2021
Experiencing stressful situation in workplace : Imagine you're mentoring one of the people in the scenario below who is experiencing a stressful situation in the workplace.
Mastering your career confidence : How have the strategies you've learned throughout this course helped you begin mastering your career confidence?
Different types of crime mapping strategies : Explain how the different types of "crime mapping" strategies can be used to identify vulnerable neighborhoods prone to crime
Incarceration as means for controlling prison populations : Examine the importance of alternatives to incarceration as a means for controlling prison populations

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd