Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1) Yankton Company began the year without an investment portfolio. During the year they purchased investments classified as trading securities at a cost of $13,000. At the end of the year, the market value of the securities was $11,000. The Yankton Company's financial statements for the current year should show a. a loss of $2,000 on the income statement and temporary investments of $11,000 on the balance sheet b. no loss on the income statement and net trading securities of $13,000 on the balance sheet c. a loss of $2,000 on the income statement and net trading securities of $13,000 on the balance sheet d. no loss on the income statement, net trading securities of $11,000 and an unrealized loss of $2,000 as a stockholders' equity adjustment on the balance sheet 2) The account Unrealized Gain (Loss) on Available-For-Sale Securities should be included in the a. Statement of Retained Earnings b. Balance sheet as an adjustment to the asset account c. Balance sheet as an adjustment to Stockholders' Equity d. Income statement as Other Revenue (Expenses)
3)When management seeks to achieve personal departmental objectives that may work to the detriment of the entire company, the manager is experiencing: a. goal conflict b. cushions c. padding d. budgetary slack 4) The account Unrealized Gain (Loss) on Trading Securities should be included in the a. Statement of Retained Earnings b. Balance sheet as an adjustment to Stockholders' Equity c. Balance sheet as an adjustment to the asset account d. Income statement as Other Revenue (Expenses) 5) When a bond is purchased for an investment, the purchase price, minus the brokerage commission, plus any accrued interest is recorded. a. true b. false
the budget director of gm athletic equipment co. with the assistance of the controller treasurer production manager and
Suppose Asset A has an expected return of 10% and a standard deviation of 20%. Asset B has an expected return of 16% and a standard deviation of 40%. I f the correlation between A and B is 0.35, what are the expected return and standard deviation ..
Which one of the following methods for inventory valuation may be misleading when the units are identical?
The buyer paid him $110,000 in cash, agreed to take the title subject to the $190,000 mortgage, and agreed to pay him $80,000 with interest at 9 percent one year from the date of sale. How much is Louis' recognized gain on the sale?
What is the difference between: unit-level, batch-level, product-level, and facility-level activities?
wood-mode company is involved in the design manufacture and installation of various types of wood products for large
1. give some synonymous terms for traceable and non-traceable costs.2. is the focus on variable or fixed costs in this
when a credit customer returns merchandise to the seller under a perpetual inventory system the seller would debit
Research and Developments Costs
rocket company produces small gasoline-powered engines for model airplanes. mr. clemens rockets cfo has presented you
analysis of the u.s. government budget deficit and net cost of operations. access the most recent financial report of
Compute the percentage increase or decrease in net sales and also in net income (net loss) from 2005 to 2007. Which item grew faster during this two-year period, net sales or net income (net loss)? Can you offer a possible explanation for these ch..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd