<span>One
firm that is historically low and deals with negatively correlated stock
markets is Gold Extraction Companies. They are have very low correction with
overall stock markets. The basic reason for this low correlation is that, as
the stock market become bearish, investor sentiment becomes weak, due to which
most of the investors withdraw their money from stock market. Now once investor
has withdrawn the money from stock market , they search on safe investments
which will provide them good reruns, Gold is one of the investment which is
relatively safe and provide high returns. Thus withdrawn money from the share
market is invested in gold by investors. Thus Gold prices and companies related
to extraction of gold have very less correlation to the gold.</span>
1)The price from the electronics from China goes up
2)People might start buying domestically made electronics because of cheaper prices.
Answer:
A. Unrealized Holding Loss - Trading 3,400
Fair Value Adjustment - Trading 3,400
Explanation:
Since this investment is classified as a trading investment, any change in its fair market value must be included in their income statement. The appropriate journal entry should be:
Dr Unrealized loss on trading security 3,400
Cr Debt investments 3,400
This will decrease the carrying value of the debt investments in the balance sheet and the loss will be included in the 2019 income statement. The fair value adjustment account normally has a credit balance since it decreases the carrying value of the investment account.
Answer: it says that but you can try to let them give it to you for 7 if they say it's 9 just damage the box a little for a discount
Explanation:
Answer:
a. Sep 10
b. $21,823
c. $21,500
Explanation:
a) Due date of the note
July 13 to 31 = 19 days
Aug 1 to 31 = 31 days
Sep 1 to Sep 10 = 10 days
due date is Sep 10
b) Maturity value of the note
$ 21500 + $ 21500*9%*60/360
= $ 21823
c) Journal entry
Cash debit $ 21823
interest recieved credit $323
Notes Receivable credit $ 21500
