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svetlana [45]
3 years ago
12

A city acquired two vehicles in a particular year: (1) a sedan for $20,000 that was paid for through the General Fund and (2) a

sanitation truck for $125,000 that was paid for through the Capital Projects Fund. How should the assets be reported in the city's fund-level financial statements?
Business
1 answer:
barxatty [35]3 years ago
3 0

Answer:

None of the acquisition should be reported as assets

Explanation:

Assets are resources with economic potency to provide future benefits. Assets are possessed by individuals, corporations, and countries. Generally, they are considered as possessions that can generate more profits, trigger more sales or reduce expenses in the future.

The sedan and sanitation truck cannot be referred to as assets because they depreciate over time. Due to their depreciating nature, they should not be reported as assets in the city's fund level financial statements.

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An issuer has filed a registration statement in the state proposing to offer 500,000 shares in a combined primary and secondary
sweet-ann [11.9K]

Answer:

b. 300,000 shares being sold is an issuer transaction and the 200,000 shares being sold is a non-issuer transaction.

Explanation:

A non-issuer transaction is a transaction that does not directly benefit an issuer or it was not directly executed to benefit an issuer.

According to the Uniform State Law, an entity involved in the sales of certificates of interest, leases, mining titles among others is officially exempted from being labelled as an issuer. Hence, the entity (officers of the firm) in the question are non-issuer brokers.

Specifically, when the sales of stock are carried out by someone or an individual who is not a registered stockbroker, that individual officially becomes what is called 'a non-issuer broker-dealer'. The implication is that such a transaction is to be exempted from the registration requirements of the Security Exchange Commission.

In this question, since the issuer newly issued 300,000 shares while the remaining 200,000 in the proposed combination was offered by Officers of the firm - non-issuer broker-dealers. The Law states that it must be separated to show that 300,000 shares are sold in an issuer transaction (Primary) directly involving an official issuer while 200,000 shares are sold in a non-issuer transaction (Secondary).

3 0
3 years ago
Investors select a stock based on the cash they expect to receive from that stock. that cash comes in the form of?
mylen [45]

Investors select a stock based on the cash they expect to receive from that stock. that cash comes in the form of a and b.

Investors are usually different from traders. Investors invest capital for long-term gains, while traders buy and sell securities repeatedly in pursuit of short-term gains. Investors typically generate income by investing capital in either stocks or debt.

So how does an investor choose which stocks to buy?He has two main investment styles: active and passive. Active investors try to outperform the market by buying stocks that they believe are undervalued, with the intention of selling when the stock price rises.

Stock pick. An active portfolio management approach that focuses on a favorable selection of specific stocks rather than broad asset allocation.

Learn more about stock here: brainly.com/question/25818989

#SPJ4

The question is incomplete. Please read below to find the missing content.

Investors select a stock based on the case they expect to receive from that stock. That cash comes in the form of ____.

a. Dividends

b. The future sales price.

c. Interest payments.

d. Commissions.

7 0
2 years ago
I am trying to understand the Opportunity cost. Can anyone help me please? I can't seem to get Economics, I really need help. Yo
sesenic [268]
<span>Basically "Opportunity cost" is what you're going to lose (or have a potential to lose) if you chose a different action than what you're presented with. In the example, you're working for $15 an hour, but if you decide instead to skip a pratrice to go to the fair you're losing out of the $15 an hour you'll be paid and have to pay $9 to go to the fair. All total, you're opportunity costs for that will be $24 (fifteen you would have made plus the nine dollar fee.) This is also assuming, of course, they don't fire/dock you for just skipping work.</span>
8 0
3 years ago
Which of the following is a a form of ownership in which each owner of stock in a cooperative apartment building or housing corp
Maslowich

Answer: Cooperative Ownership

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5 0
4 years ago
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
miskamm [114]
I think A, but I’m not sure.
5 0
3 years ago
Read 2 more answers
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