Answer:
The correct answer is <em>held-to-maturity securities</em>.
Explanation:
Securities held until expiration (HTM) are purchased to be held until expiration. The management of a company could invest in a bond that they plan to hold until they expire. As a result, there are different accounting treatments for retained securities until maturity compared to securities that must be settled in the short term.
Answer:
40%
Explanation:
Devana owns 40% of GW Corp. despite having another 40% shares in Alpine Inc. This is as a result of Devana not having up to 50% shares in Alpine Inc.
Without up to 50% shares in Alpine Inc, the shares of Alpine Inc. in GW Corp. cannot be attributed to Devana.
This means that for Devana to own Alpine Inc shares in GW Corp. it has to acquire 10% more in addition to the 40% it already has.
Cheers.
Answer:
The correct word for the blank space is: Executive Summary.
Explanation:
The Executive Summary is the most important plan of the business plan that states where the company is, where it is headed and why the firm believes it will be successful. The information included in the executive summary should be the company's current financial information and a summary of its plans. Also, a description of the product or service to be rendered must be given.
Answer: Decrease by $9,800
Explanation:
It is shown that fees of $9,800 were earned during the month from clients who had paid in advance. Unearned fees are liabilities because they represent revenue that a company made for services it has not delivered yet.
When the company delivers the service like these ones just did, they will reduce this liability because they have now earned this revenue by delivering the service.
Omega will therefore reduce their unearned fees account by $9,800.
Answer:
The answer is option (3) $200,000
Explanation:
Solution
Given that:
The reserve ratio =20%
The Required reserves = 300000*20/100
=60000
The excess reserves = 100000-60000
=$40000
Thus
The Money multiplier = 1/0.20
= 5
Therefore, maximum amount by which loans could be expanded = 40000*5
= $200000
