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11Alexandr11 [23.1K]
3 years ago
7

On January 1, 2018, Brian Company purchased at par $831,000, 6 percent bonds issued by Laura Company to be held as available-for

-sale securities. At December 31, 2018, the bonds had a fair value of $804,600. The bond investment was sold on July 1, 2019, for $834,400. Brian Company’s fiscal year ends on December 31. Using the following categories, indicate the effects of the transactions listed above, assuming the securities are available-for-sale.
Business
1 answer:
Leno4ka [110]3 years ago
3 0

Answer:

THE TRANSACTION DATE : December 31, 2018.

TRANSACTION: Record the trading securities at fair value.

ASSETS: - 26,400

LIABILITIES:

STAKEHOLDERS' EQUITY: -26,400

REVENUE/GAINS:

EXPENSES/LOSSES: $26,400

NET INCOME: - 26,400

THE TRANSACTION DATE : July 1, 2019.

TRANSACTION: Adjust to fair value.

ASSETS: $29,800

LIABILITIES:

STAKEHOLDERS' EQUITY: $29,800

REVENUE/GAINS: $29,800

EXPENSES/LOSSES:

NET INCOME: $29,800

RECORD THE SALE OF TRADING SECURITIES(ASSETS) = $0.

Explanation:

So, anything dealing with trading securities has to do with trading in which securities are held down for a period of time and then later the securities will be sold.

So, here are the categories for the transactions listed in the question above, assuming the securities are available-for-sale.

THE TRANSACTION DATE : December 31, 2018.

TRANSACTION: Record the trading securities at fair value.

ASSETS: - 26,400

LIABILITIES:

STAKEHOLDERS' EQUITY: -26,400

REVENUE/GAINS:

EXPENSES/LOSSES: $26,400

NET INCOME: - 26,400

THE TRANSACTION DATE : July 1, 2019.

TRANSACTION: Adjust to fair value.

ASSETS: $29,800

LIABILITIES:

STAKEHOLDERS' EQUITY: $29,800

REVENUE/GAINS: $29,800

EXPENSES/LOSSES:

NET INCOME: $29,800

RECORD THE SALE OF TRADING SECURITIES(ASSETS) = $0.

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swat32

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6 years

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The Payback period calculates how much it takes the amount invested in a project to be recovered from the cumulative cash flow.

Total amount invested =  $500,000 +  $100,000 =  $-600,000

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Amount recovered in year 5 = $-269,000 + $133,100 = $-135,900

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I hope my answer helps you

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suppose you pay $9,400 for a $10,000 par treasury bill maturing in 6 months. what is the annualized holding period return for th
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The annualized holding period return for this investment is 13.17%.

<h3>Define annualized total return.</h3>

The fund's annual return is calculated using the annualized total return to show the rate of return required to generate a cumulative return. A holding period is the duration of time an investor keeps an investment in their portfolio or the interval between buying and selling a security.

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Annualized Return =(Future value + Present value) ^ (1 / N) - 1

= [10,000/9,400]^12/6 - 1

= (1.0638298)²-1

= 1.1317 - 1

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