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Sauron [17]
2 years ago
13

Global company holds a portfolio of equity securities. the company intends to sell the securities during the next accounting per

iod. the company should classify the investment as:_______
Business
1 answer:
Julli [10]2 years ago
8 0

The global company holds a portfolio of equity securities. the company intends to sell the securities during the next accounting period. the company should classify the investment as <u>A valuation allowance account is increased or decreased.</u>

<h3>What is the ultimate holding period for the securities held under the held-for-trading category?</h3>

Held-for-trading security is a debt or equity investment that investors purchase with the intent of selling within a short period, usually less than one year. Within that time frame, the investor hopes to see an appreciation in the value of the deposit and sell it for a profit.

<h3>What is the distinction between held-to-maturity trading and available-for-sale securities?</h3>

Held to maturity securities are guarantees that companies purchase and intend to hold until they mature. They are unlike trading protection or available for sale securities, where companies don't usually hold on to protection until they reach maturity

To learn more about global company, refer

brainly.com/question/2824360

#SPJ4

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On January​ 1, Five Star Services has the following​ balances: Accounts Receivable $ 26 comma 000 ​(debit) Bad Debts Expense $ 0
PIT_PIT [208]

Answer:

$53,000

Explanation:

Data given in the question

Beginning Accounts Receivable = $26,000

Credit Sales = $130,000

Collections of credit sales  = $87,000

Write-offs = $16,000

So

As we know that

Ending Accounts Receivable = Beginning Accounts Receivable + Credit Sales - Collections of credit sales - Write-offs

= $26,000 + $130,000 - $87,000 - $16,000

= $53,000

5 0
3 years ago
Reserve requirements are regulations concerning
Levart [38]
B. Reserve requirements are based on the ratio of how many deposits are put into the bank. More deposits = higher reserve requirements. Less deposits = less reserve requirements
3 0
4 years ago
The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit
Reil [10]
The answer for this is Inventory
4 0
3 years ago
Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales b
lyudmila [28]

Answer:

b. $22.75

Explanation:

We know that

Contribution margin per unit= Sales price per unit - variable cost per unit

Since the selling price is $35

And, the contribution margin is 35%

Therefore, the contribution margin per unit would be

= $35 × 35 per cent

= $12.25

Now add these figures in the formula above.

Hence, the value would be equal to

= $35 - $12.25

= $22.75

The inventory and labor costs are included in the variable cost

7 0
4 years ago
A marketing manager has planned a strategy that will require the organization to erect outposts to protect its weak front-runnin
Alexxx [7]

Answer: Flank

Explanation:

Flank defense is one of the type of marketing strategy attack which is basically adopted by the challenger organization. By using this strategy they always attack on the weakest point of the other marketing organization for the purpose of competition in the market.

Hence, the manager of the organization planned a lots of strategy to protect their firm from the flank attack. The flank defense also plays an important role for changing the current ranking position of an organization in the market.

Therefore, Flank defense is the correct answer.

4 0
3 years ago
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