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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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Sales $200,000 Net income 100,000 Depreciation 20,000 Interest 10,000 Taxes 5,000 What is the company’s operating profit margin?
WITCHER [35]

Answer:

57.5%

Explanation:

Data Provided:

Total Sales =  $ 200,000

The net income = $ 100,000

Depreciation = $ 20,000

Interest = $ 10,000

Taxes = $ 5,000

Now,

the operating profit is the from the income before the taxes and interest. Thus,

the interest and taxes will be included in the net income for the operating profit

therefore,

The operating profit = income + Interest + Taxes

or

The operating profit = $ 100,000 + $ 10,000 + $ 5,000 = $ 115,000

Now,

the operating profit margin = ( Operating profit / Sales ) × 100

or

= ( $ 115,000 / $200,000 ) × 100 = 57.5%

3 0
3 years ago
When an item is purchased ,money is exchanged for the to.......
kaheart [24]

Answer:

When an item is purchased ,money is exchanged for the to.......

Explanation:

When an item is purchased ,money is exchanged for the to.......

4 0
3 years ago
Read 2 more answers
g Assume the following sales data for a company: Current year $764,442 Preceding year $509,074 What is the percentage increase i
IgorLugansk [536]

Answer:

50.16%

Explanation:

The percentage increase in sales from the preceding year to the current year can be calculated as:

\frac{P_c-P_p}{P_p}\cdot 100

where:

P_c is the sale for the current year

P_p is the sale for the preceding year

From the sales data of this problem, we have:

P_c=\$764,442 (current year)

P_p=\$509,074 (preceding year)

Therefore, the percentage increase in sales is:

\frac{764,442-509,074}{509,074}\cdot 100=50.16\%

5 0
3 years ago
Emily spent $259,600 to rehabilitate a certified historic building (adjusted basis of $168,740) that originally had been placed
tatiyna

Answer: $51,920

Explanation:

For a building that was constructed before 1936, the rehabilitation credit is 20% of the amount that the taxpayer spent to rehabilitate the historic building. As this building was constructed in 1935, Emily qualifies for that 20% credit:

= 20% * 259,600

= $51,920

5 0
3 years ago
Dell Computer uses recycled and recyclable materials in its product and packaging design in an effort to minimize damage to the
eduard

Answer: Sustainability

Explanation: Sustainability simply means continual existence regardless of domain or pillar. It explains the maintenance of economic, social and environmental resources to meet the demand and needs of the present industry or generation without jeopardizing or compromising the needs of future generation. The concept of sustainability looks beyond the present, it focuses on harmonizing the needs of present and future generation by encouraging decisions and policies that focuses beyond the present, rather considering the effects of present policies in decades to come. Common sustainability goals include reduction of carbon emission, shift to the use of renewable energy resources such as wind, hydro and solar, All in a bid to maintain a healthy ecosystem for present and more importantly future generation.

5 0
3 years ago
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