Answer:
$20,000
Explanation:
Calculation for What amount should Valet report in its 2021 income statement for unrealized holding loss
Using this formula
2021 income statement for unrealized holding loss=Aggregate cost -Aggregate Fair value
Let plug in the formula
2021 income statement for unrealized holding loss=$ 180,000-$ 160,000
2021 income statement for unrealized holding loss=$20,000
Therefore the amount that Valet should report in its 2021 income statement for unrealized holding loss is $20,000
Answer:
The correct answer is the option A: He should provide ample work-related information to all his employees.
Explanation:
To begin with, it is highly recommended that inside a company a manager should delegate and try to encourage their employees to take independent decisions regarding certain topics when making the decisions, however it is quite understood that some decisions can not be taken by those employees due to the fact that they do not know all the information necessary to make certain decisions or also to the fact that they might not understand the dynamics of the business.
To continue, even though some topics can not be decided by the employees, if the manager wants to encourage the employees to engage in activities in an independet way then the most common option is to provide them with ample work-related information so in that way they will understand a bit more of the dynamics of the business and therefore they will be a bit more accurate when making decisions.
Answer:
- Carlos has $2,500 in a savings account. - M2
- Deborah has $9,000 in a six-month certificate of deposit (CD). - M2
- Van has a roll of quarters that he just withdrew from the bank to do laundry. - M1, M2
Explanation:
M1 and M2 are symbols that represent, in economics, the means of payment. M1 refers to a set of banknotes and coins that are held by the public and are deposited in a banking system, which holds them for a certain time, referring to a monetary base, for example: Carlos has $ 2,500 in a savings account, and, Van has a roll of quarters that he just withrew from the bank to do laundry.
M2 on the other hand, houses the concept shown in M1, but it also houses a concept related to the total deposits made in a bank, which are within a time limit. M2 includes the issuance of bank certificates and government bonds. Some examples are: Deborah has $ 9,000 in a six-month certificate of deposit (CD), and, Van has a roll of quarters that he just withrew from the bank to do laundry.
Answer:
6.69%
Explanation:
Price of Ace products bond issue = $1,196
Annual coupon payment = $80
Current yield = Annual coupon payment / Bond price
Current yield = $80/$1,196
Current yield = 0.0668896
Current yield = 6.69%
Answer:
b.net loss
Explanation:
A debit entry in the retained entry account may have two reasons dividend declaration entry and net loss adjustment entry. Form the dividend account we see there is no dividend entry of $18,000. So the only option is the net loss adjustment entry of $18,000.
Journal Entry for the adjustment is as follow
Dr. Retained Earning $18,000
Cr. Income Summary $18,000
