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astra-53 [7]
4 years ago
5

Nichols Enterprises has an investment in 250 bonds of Elliott Electronics that Nichols accounts for as a security available for

sale. Elliott bonds are publicly traded, and The Wall Street Journal quotes a price for those bonds of $1,000 per bond, but Nichols believes the market has not appreciated the full value of the Elliott bonds and that a more accurate price is $1,200 per bond. Nichols should carry the Elliott investment on its balance sheet at:
Business
1 answer:
abruzzese [7]4 years ago
4 0

Answer:

securities available for trade: 250,000

Explanation:

The investment will be trade at market value. which is 1,200

Nichols cannot set the price of an assetat his own will. If possible a company will do it to increase his assets and look more solid than it is.

To evaluate the bonds at 1,200 the market price will need to be at 1,200

Currently the price third parties gives the security is 1,000 so it should carry the investment  at

250 bonds x 1,000 market value = 250,000

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The value of a financial asset is the​ ________.
nadezda [96]

Answer: The correct answer is "B. present value of all of the future cash flows that will be received".

Explanation: The value of a financial asset is the​ present value of all of the future cash flows that will be received.

To value a financial asset, all future cash flows must be taken into account, therefore their value will be the sum of the present values of each of the future cash flows.

8 0
3 years ago
Jaleel is the marketing manager for a moderately well-known rock band. He wants to know more about industry trends including sal
BlackZzzverrR [31]

Answer:

Syndicated Data

Explanation:

Syndicated is a general data which does not represents a single entity, it includes a vast number of entities data that is aggregated to analyze how much value the company can drive from this aggregate amount. So the data that helps in analyzing the environment in general to plan the future move of organization is known as Syndicated Data. The manager is collecting aggregate data that comes from a wide number of bands, including industry sales by musical styles, online views, etc. is a syndicated data.

4 0
3 years ago
The office building Donna owned and used for her desk-top publishing business was destroyed by a hurricane. Although the basis o
Anna35 [415]

Answer:

Donna made a realized gain of 8,000 dollars

the basis for the building now will be of 152,000 dollars

Explanation:

<u><em>realized gain:</em></u>

insurance proceeds less replacement cost:

160,000 - 152,000 = 8,000

<em><u>the basis</u></em> (value of the new office building for tax purposes) will be the 152,000 which is the cost of the office building

6 0
3 years ago
Does Audit services needed in Auchi polytechnic student union government? If yes,why
Zepler [3.9K]

Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

.

<h3>What is the student union?</h3>

The student union is known to be a body that is composed of student of any university, polytechnic or college institution.

It is known to be a body that is autonomous and one whose internal life set up its own by-laws.

Note that the student unions are often allocated funds by the university or polytechnic  and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.

Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

Learn more about student union government from

brainly.com/question/14856644

#SPJ1

3 0
2 years ago
The price of coffe beans use to make coffee has decreased. At the same time, the price of cream (a compliment good) has increase
Sonbull [250]

Answer:

The correct answer is:

Equilibrium price will decrease; the effect on quantity is ambiguous. (D)

Explanation:

First, note that if the price of coffee beans, used in the manufacture of coffee decreases, the price of coffee sold to consumers will decrease, because it takes a lesser amount in manufacturing than it used to, therefore this reduction in manufacturing costs is reflected in the selling price.

Next, it is hard to tell whether this reduction in equilibrium price will affect quantity demanded, because, at the same time, the price of cream ( a complementary good) increases, and since both goods are complementary, they are bought together, and the effect of the reduction in the price of coffee might not necessarily caused an increase in the quantity demanded because this effect is cancelled out by the increase in the price of cream, hence the effect on quantity is ambiguous.

7 0
3 years ago
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