Presented below is information related to the purchases of common stock by Flint Company during 2020. Cost (at purchase date) Fa
ir Value (at December 31) Investment in Arroyo Company stock $92,000 $73,000 Investment in Lee Corporation stock 267,000 313,000 Investment in Woods Inc. stock 163,000 172,000 Total $522,000 $558,000. (a) What entry would Vaughn make at December 31, 2017, to record the investment in Arroyo Company stock if it chooses to report this security using the fair value option?(b) What entry would Vaughn make at December 31, 2017, to record the investments in the Lee and Woods corporations, assuming that Vaughn did not select the fair value option for these investments?
1 answer:
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Complete Question
The complete question is shown on the first , second, third, fourth and fifth uploaded image
Answer:
1a
The correct option is C
1b
The correct option is D
1c
The correct option is C
1d
The correct option is C
Explanation:
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Answer: value-based marketing
1b. Zipcar's goal is to have an available... Zipcar's goal is to have an available zipcar located within 10-15 minutes of its members. This is an example of what component of the marketing mix?
Answer:Place
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Answer: B2B marketing
1d
1d. Which of the following statements about Zipcar illust... Which of the following statements about Zipcar illustrates how marketing can help to enrich society
Answer: One of Zipcar's core mission is to "change the world through urban and environmental transformation"
