Answer:
Explanation:
The bid price is what buyers are willing to pay for it. The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price.
Answer:
TRUE
Explanation:
acceptance of a contract becomes effective, regardless of the medium of sending and receiving the information.
Answer:
34,000
Explanation:
The computation of the accumulated other comprehensive income on the 20X2 balance sheet is shown below:
In the given situation , since the investment is a long term and it would also be classified as an available for securities So if there is any unrealized gain or loss so the same would be reported
As we can see there is a gain of 34,000 in 20X2 so the same is to be shown in the accumulated other comprehensive income
Answer:
None of the above
Explanation:
Companies can shorten their cash cycles by turning over their inventory faster. The quicker a company sells its goods, the sooner it takes in cash from cash and credit card sales and begins its accounts receivable aging. Inventory turnover has no impact on the cash cycles of service companies with no inventory.