prepare an adjusting entry to record the year-end fair value adjustment for the portfolio of short-term stock investments.
Answers
You must create a journal entry that affects both the asset's balance sheet account and your income in order to record your fair value adjustment. You would debit the valuation account and credit your income if the fair value increased. You should debit your income for gains and credit the valuation account for losses.
What is Short -term investment?
Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.The assets a business holds but plans to sell within a year are also referred to as short-term investments.CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are typical examples of short-term investments.Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.Short-term investments can also specifically refer to financial assets owned by a corporation that are of a similar nature but with a few extra criteria.To know more about Short-term investment visit:
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Related Questions
When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.
Answers
The statement is false, when the Amazon says that ""we want to be earth’s most customer-centric company". the subsequent statement isn't stating code of ethics.
A code of ethics sets out an organization's ethical guidelines and best practices to follow for honesty, integrity, and professionalism. For members of a corporation, violating the code of ethics may result in sanctions including termination. In some industries, including banking and finance, specific laws govern business conduct. In others, a code of ethics is also voluntarily adopted. The main forms of codes of ethics include a compliance-based code of ethics, a value-based code of ethics, and a code of ethics among professionals. A focus on global climate change has become an integral a part of companies' codes of ethics, detailing their commitment to sustainability. Therefore the subsequent statement is false.
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Waller Comp, purchased equipment for S24,000. The company is constdenne whether to determine annual depreciation using the straight-lane method or the declitung-balance method at 150 percent of the straight-1,1e tate. Waller expects to use the equipment for 10 years. At the end of which it will have an estimated salvage valueef 54.000. Prepare a comparison of these IWO alternatives for the fast two yews Waller will oun the equipment
Answers
Answer:
Waller Company
Comparison of Straight-line Depreciation and Declining Balance Methods
Straight-line method Declining balance method
Cost of equipment $24,000 $24,000
1st year depreciation exp. 1,860 2,760
Net book value 22,140 21,240
2nd year depreciation exp. 1,860 2,371.50
Ner book value 20,280 18,868.50
Explanation:
a) Data and Calculations:
Cost of purchased equipment = $24,000
Duration of useful life = 10 years
Estimated salvage value = $5,400
Depreciable amount under the straight-line method = $18,600
Depreciation expense per year under the straight-line method = $1,860 ($18,600/10)
Under the declining balance method:
The depreciation rate = 10% * 150% = 15% per year
Depreciation expense for the first two years:
Year 1, 15% of $18,600 = $2,760
Year 2, 15% of ($18,600 - 2,760) = $2,371.50
external auditors examine financial statements to verify that they are prepared according to generally accepted accounting principles.
Answers
True. External auditors examine financial statements to verify that they are prepared according to generally accepted accounting principles.
External auditors examine clients' accounting records and render an opinion on whether financial reports are conveyed relatively in compliance with the entity's applicable accounting standards. They must establish whether accounting records are free from material misstatements caused by error or fraud.
The audited financial statements are then reviewed by several external users, such as creditors, investors, and government agencies. External auditors frequently provide tax and consultancy services as well as auditing. Individuals, government agencies, small businesses, corporations, and non-profit organizations qualify. External auditors can work for public accounting companies or work for themselves.
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beau buys a skateboard with a price tag of 85.5. the tax rate is 8%. how much does he pay, including tax
Answers
beau pays $92.64 as tax for the skateboard, including the amount of tax.
What is the tax rate?The proportion that a person or business is charged is known as a tax rate. It can differ on the commodity that is being purchased. It is often applied when a person is purchasing something or on his or her income.
The price of the skateboard = is $85.5
The rate of tax = 8%
The amount of tax = 85.5 x 8% = 6.84
The price including the tax = 85.5 + 6.84
Therefore the price paid will be $92.64
Beau has to pay a sum total of $92.64 to purchase the skateboard as the final price.
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In health insurance, what is the amount of money that must be paid by the patient each year before the insurance agency begins to make payments?.
Answers
In health insurance the amount of money that must be paid by the patient each year before the insurance agency begins to make payments is a deductible
The amount you pay before your insurance plan begins to pay for covered health care services.
Following your deductible, you usually only have to pay a copayment or coinsurance for covered services. The remainder is covered by your insurance company.
Many plans cover certain services, such as checkups or disease management programs, even if you haven't met your deductible. Examine the specifics of your plan.
Even before you reach your deductible, all Marketplace health plans cover the entire cost of certain preventive services.
Certain services, such as prescription drugs, may have separate deductibles in some plans.
Family plans frequently include both a personal deductible that applies to each individual and a family deductible that applies to every family members.
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If the police want to enter a home to find evidence, what must they request?
A. An affidavit of probable cause
O B. A search warrant
O
C. A witness' testimony
о D. A motion for arraignment
SUBM
Answers
Answer:
B. A search warrant
Explanation:
hope it helps
Mario is a skilled jet flyer that was recently hired by Meagan who is starting an airline business that allows travelers to travel to small cities at half the price of Delta Airlines flights. Which factor of production is Mario?
A . Entrepreneurship
B . Labor
C . Capital
D . Land
Answers
Answer:
B . Labor
Explanation:
Labor refers to human efforts or contribution to the production process. Human beings provide skills, knowledge, experience, energy, and time in making products or in the provisions of services. Human beings are compensated with salaries, wages, and other benefits in exchange for labor.
Marion will be employed as a pilot. Meagan requires the skills of a person to offer services to customers. Mario will be providing labor services.
when supplies are purchased on credit it means that: (check all that apply.) multiple select question. the business will pay for the supplies at a later time. the business will be paying for the supplies right away. the accounts payable account will be increased. a liability has been incurred.
Answers
The purchase of suppliers by a business on credit means that:
the business will pay for the supplies at a later time. the accounts payable account will be increased. a liability has been incurred.What happens when supplies are on credit?When a company buys supplies on credit then it means that they are yet to pay for these supplies and will pay for them at a later date.
This means that the company has incurred liabilities because they owe for the supplies. The result of this would be an increase in the liability account of accounts payable.
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what type of resource (capital, natural, or human) would you need if you want to a. buy a new electric generator b. cut down a tree c. pay for an army d. build a dam
Answers
The type of resource (capital, natural, or human) an individual needs if you want to-
a. buy a new electric generator-Capital
b. cut down a tree -Human
c. pay for an army -Capital
d. build a dam- Human
What is human resource?A human resource is considered a crucial resource in an organization and comprises skills and abilities and their management involves managing the manpower in any organization.
The capital resource is referred to as a resource from which funds will be raised or the resources which show the flow of funds for the organization along with machinery and raw materials.
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from accessibility improvement to land development: a comparative study on the impacts of madrid-seville high-speed rail.
Answers
The five cities connected by the Madrid-Seville High-Speed Rail (HSR)—Madrid, Ciudad Real, Puertollano, Cordoba, and Seville.
Madrid–Seville high-speed rail line.
The 472 kilometres (293 miles) long Madrid-Seville high-speed line, also known as NAFA or Nuevo Acceso Ferroviario a Andaluca, is a Spanish railway line used for high-speed travel between Madrid and Seville. Since April 21, 1992, the first high-speed rail link in Spain has been operational, reaching speeds of up to 300 km/h (186 mph). Over half less time was required to go between the two end points.
The high-speed rail line from Madrid to Malaga departs at Cordoba. Only the Alvia service is extended from Seville to Cádiz.
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Some large publishers have stopped publishing children’s books because they are expensive to produce and distribute. This is an example of an offensive strategy. True or false?.
Answers
Answer:
False
Explanation:
it cost roughly around 5k to produce 100k+ books and they make roughly 65k
there are dozens of laptop manufacturers around the world. according to the idea of efficient production, there should only be one laptop manufacturer, making laptops at the lowest marginal cost. a competitive market will drive most manufacturers out of business, leaving just a few firms to produce at the lowest possible cost. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms. government regulation will ensure that every firm produces at the lowest marginal cost.
Answers
According to the idea of efficient production, option a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.
What do you mean by the term production?Production is known to be a term that connote the act or the process of creating or making of goods, products or services from raw materials or other forms/components.
Note that In production is one that tends to make use of inputs and as well as uses them to make an output that is known to be fit for consumption and it is one that gives value to the end-user or customer.
Therefore, According to the idea of efficient production, option a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.
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There are dozens of laptop manufacturers around the world.
According to the idea of efficient production,
a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.
b. a competitive market will drive most manufacturers out of business, leaving just a few firms to produce at the lowest possible cost.
c. government regulation will ensure that every firm produces at the lowest marginal cost.
d. there should only be one laptop manufacturer, making laptops at the lowest marginal cost.
which are the two additional coverages provided under the businessowners policy special form which are not provided under the standard form?
Answers
The two additional coverages offered by the businessowners policy special form—water damage and collapse—are not offered by the regular form.
Business Owner's Policy (BOP) Insurance: What Is It?
A Business Owner's Policy (BOP) is a type of business insurance that includes property and liability coverage. BOP insurance assists in protecting your company from claims brought forth by things like fire, theft, or other covered events.
The company owners policy premium is paid in what way?
The premium for your business owner's insurance can normally be paid in monthly or yearly installments. Although choosing a lower monthly payment may be alluring, think about paying the full cost. Since many insurers give discounts for yearly rates, businesses may typically save money this way.
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.assume that corn is an input in the production of beef but not in the production of pork. further, beef and pork are substitutes. a decrease in the price of corn will: a. increase the supply of beef and increase the demand for pork b. decrease the supply of beef and increase the demand for pork c. decrease the supply of beef and decrease the demand for pork d. increase the supply of beef and decrease the demand for pork
Answers
So the option D (increase the supply of beef and decrease the demand for pork) is the correct answer.
Production of Beef and Pork
In 2021, the United States generated 28.06 billion pounds of beef and 27.7 billions pounds of pork, respectively. It was the highest amount of beef and second highest amount of pork ever produced in the USA. Only three times has the USA produced more pork than beef: in 2016, 2019, and 2020.
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alicia and christine are doctors at a hospital and can each perform two tasks: open-heart surgery and liver transplants. alicia is more efficient than christine at both of these two tasks, but alicia has a lower opportunity cost in performing liver transplants. identify the actions that lead to the hospital seeing more patients.
Answers
The actions that would lead to the hospital seeing more patients would be based on the opportunity cost and the comparative advantage of the doctors.
How to get the actions that would give more patientsWe have been told that most of the time that Alicia has would be on liver transplants. She has a lower opportunity cost in doing this hence it would be better because she would see more that when she has to do heart surgery.
Christine has the comparative advantage in the performance of heart surgery so it would be better that she focuses on this because she would see more patients.
Hence Alicia has the lower comparative advantage in liver transplants and Christine has hers in heart surgery.
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Answer:
Correct:
Alicia spend most of her time doing liver transplants.
Christine spend most of her time in heart surgery.
Explanation:
Trust
if an aspen ski lodge doubles its room rates, what is likely to happen to the demand for lift tickets sold by the lodge?
Answers
If an aspen ski lodge doubles its room rates, Demand for lift tickets, a complement good, will fall is likely to happen to the demand for lift tickets sold by the lodge.
What is Aspen?
Locals in Colorado claim that if you visit Aspen in the winter, you'll probably decide to stay for the summer in the Colorado mountains. This little mountain town is well-known for the four Aspen ski resorts that surround it (Aspen Mountain, Aspen Highlands, Snowmass, and Buttermilk), and after the snow melts and the vegetation returns, there will be even more adventure to be had. Without the oppressive humidity of the south or the east coast, the warm, sunny days and cold, refreshing evenings in the Roaring Fork Valley offer the ideal summertime circumstances for repeatedly exploring every square inch of this renowned town. Aspen, Colorado is tucked away high in the Rocky Mountains at 8,000 feet, thus snow is present there for almost half the year. And not just any snow; the kind of powdery, fine snow that falls in Aspen is ideal for skiing. Although the Aspen ski season can change from year to year, you can typically bet on it lasting from November through mid-April, and perhaps even into May.
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is an arrangement under which an investment banker agrees to purchase all shares of a public offering at an agreed-upon price. a. a mutual fund b. alternative trading c. a convertible security d. underwriting
Answers
Investment bankers advise businesses and, in certain situations, governments on financial matters.
What is Investment Banker?
They assist their clients in fund raising. That could entail issuing stock, putting a bond on the market, negotiating the purchase of a competing business, or setting up the sale of the firm as a whole. Famously, investment bankers play a major part in the initial public offers (IPOs) of emerging companies getting ready to go public.
What is A Private Placement?
A private placement is when stock or bonds are sold to institutions and investors who have been hand-picked rather than on the open market. It is a substitute for an initial public offering (IPO) for a business looking to raise money for growth.
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the secret of a successful team is not to assemble the largest team possible, but rather to assemble a team that can
Answers
Additionally, teams require the ideal task and process design, the proper mix and quantity of members, and rules that discourage negative conduct and foster positive dynamics.
J. Richard Hackman, a pioneer in the field of organizational behavior who started researching teams in the 1970s, identified the fundamentals of effective teamwork. After more than 40 years of study, he made a ground-breaking discovery: team members' personalities, attitudes, and behavioral styles don't really matter when it comes to teamwork. Instead, specific "enabling conditions" are what teams require to succeed. For teams to succeed, having a clear direction, a solid structure, and a supportive environment are still essential.
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Matilda just started her first job. She has some difficulty saving money, but she knows she must do it. Which of the following is the best option to start saving for retirement now? She can choose a low-interest account. She can contribute to her employer's matching benefit. She can enroll in a 529 plan. She can sign up for a pre-paid plan.
Answers
quizlet one way that long-term equity anticipation securities (leaps) differ from standard options is that they
Answers
Long term equity anticipation securities (LEAPS) have max expirations of 39 months though max is 39, most trade w a 30 month life cycle.
What is long-term equity?Long-term Equity is intended for privately held, entrepreneurial businesses looking for joint investors to assist their long-term sustainable performance.
Any asset's equity is the ownership remaining after all liabilities related to it have been paid off. For instance, if you owe $10,000 on a car you own that is worth $25,000, you have $15,000 in equity in the asset. It is the worth of or interest in assets held by the most novice class of investors.
Many forms of equity
Equity held by shareholders. The amount of assets distributed to shareholders after liabilities have been subtracted is known as shareholders' equity or simply shareholders' equity.
ownership equity
Common shares.
favored stock.
further capital contributions.
Government stock
Retained income.
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If I am to leave a place at 12:00 am and it is 9:35 am now, How long until I leave at twelve?
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What feature of demand curves is explained by the law of diminishing marginal utility.
Answers
Law of diminishing marginal utility explains about the slopes of demand curves.
As the amount of an item with a consumer increases, the marginal value of the goods to him expressed in terms of money declines, and the marginal advantage of utilising each more unit of that product within a given period also declines.
The Idea of declining prices is intimately related to the law of diminishing marginal utility. As a product’s usage rises, its utility declines. As it may turn completely unfavourable to consume another unit of any product, the marginal utility may go below zero and turn into negative utility. Because of this, the initial unit of consumption of any goods is usually the most valuable, and subsequent units of consumption carry decreasing amounts of value.
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do any of yall like Pokémon
Answers
Answer:
yes
Explanation:
Answer:
Yes
Explanation:
I DO I FINISHED INDIGO LEAGUE AND NOW IM ON SUN MOON
What are the primary reasons people choose to invest and trade stocks?
(Select all that apply.)
to earn a dividend to earn a dividend , ,
to earn capital gains to earn capital gains , ,
to earn predictable quarterly interest to earn predictable quarterly interest , ,
to earn money that is liquid
Answers
Answer:
to earn a dividend
to earn capital gains
Explanation:
Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.
Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.
Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.
Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.
Tony earned a bachelor's degree at a public school. Which type of higher education institution did he attend?
A.
A 2-year college.
B.
A propriety school.
C.
A theological school.
D.
A 4-year university.
Answers
Answer:
D
Explanation:
Bachelor Degree is 4 years
Answer:
D.
A 4-year university.
Explanation:
there is a technological improvement in the production of good x. as a result, the curve for good x will shift resulting in a(n) in the equilibrium price of x and a(n) in the equilibrium quantity of x.
Answers
There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.
What is the impact of technological improvement?Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.
A technological improvement in the production of a good would make it easier to produce a good. Thus, the supply curve would move forward.
Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product. Equilibrium price would decrease.
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growth of international business drag each general charactyeristic on the left to the driver of globalization it is most associated with
Answers
Each general characteristic on the left is pulled toward the driver of globalization with which it is most associated by the expansion of international business. competitive drivers.
What are competitive drivers?competitive motorists are determined by the actions of rival companies, such as the degree to which they cross continents to compete, expand their corporate capabilities globally, and interconnect geographical markets. public transportation.
What are the competitive drivers of globalization?The development of ICT and the spread of technology have been identified as the primary drivers of economic globalization that have an impact on the competitive environment. Other important factors include lower trade barriers, lower transportation costs, lower communication costs, and lower trade barriers.
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A person who holds him- or herself out as a specialist or knowledgeable in a certain type of business is one type of
O negotiator
O offeree
O merchant
buyer
Answers
Answer:
Merchant
Explanation:
mary is a marketing manager for a nationwide vegan restaurant chain. she wants to reach potential customers across two media channels focusing on specific audience behaviors
Answers
The two media channels focusing on specific audience behaviors are Video and Display.
What are customers?A customer is refer to an individual who purchases goods and services from a retailer or wholesaler. The customer may or may not be the consumer as the consumer is the one who utilized the final product.
When reaching potential customers to come to a vegan restaurant chain the marketing manager should utilize the display and video which helps her to showcase the food varieties, hygiene as well as services they offered.
In this case, email and radio is not better option as places like restaurants and clothing store promote more with visual advertisement.
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Mary is a marketing manager for a nationwide vegan restaurant chain. She wants to reach potential customers across two media channels focusing on specific audience behaviors. Which two channels could she choose to reach her desired objective? (Choose two.)
Radio
Search
Video
Display
An increase in the prices of inputs will cause the equilibrium price to ______________ and the equilibrium quantity to ______________.
Answers
Answer: 1. increase 2. decrease Hope this helps!