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3 years ago

In which investment category are fair values and subsequent growth of an investee not relevant for reporting?

Business

1 answer:

Iteru [2.4K]3 years ago

4 0

Answer:

The correct answer is held-to-maturity securities.

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.

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Blaine Air Transport Service, Inc., providing air delivery service for businesses, has been in operation for three years. The fo

Valentin [98]

Answer:

Entries and their narrations are posted below

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

February 1 (Paid $275 for rent of hangar space in February)

Rent (Expense) Dr $275

Cash (Asset) Cr $275

February 2 (Purchased fuel costing $490 on account for the next flight to Dallas.)

Fuel (Expense) Dr $490

Accountt Payable (Liability) Cr $490

February 4 (Received customer payment of $820 to ship several items to Philadelphia next month.)

Cash (Asset) Dr $820

Shipment (R) Cr $820

February 7 (Flew cargo from Denver to Dallas; the customer paid $910 for the air transport)

Cash (A) Dr $910

Ticket (R) Cr $910

February 10 (Paid $175 for an advertisement in the local paper to run on February 19.)

Advertisement (E) Dr $175

Cash (A) Cr $175

February 14 (Paid pilot $2,300 in wages for flying in January (recorded as an expense in January))

Wages payable (L) Dr 2300

Cash (A) Cr 2300

February 18 Flew cargo for two customers from Dallas to Albuquerque for $3,800; one customer paid $1,600 cash and the other asked to be billed.

Cash (A) Dr 1600

Account Receivable (A) Dr 2200

Ticket (R) Cr 3800

February 25 Purchased on account of $2,550 in spare parts for the planes.

Spares (E) Dr 2550

Account Payable (L) Cr 2550

February 27 (Declared a $200 cash dividend to be paid in March.)

Retained Earnings (SE) Dr 200

Dividend Payable (L) Cr 200

8 0

3 years ago

A demand curve is built on the assumption that

Natali5045456 [20]

Answer: A demand curve is built on the assumption that only the demand and price of the good/service will change.

Explanation: A demand curve is a graph that shows the change in how much demand may change if price of the good/service changes well. The graph helps connect the relationship between both price and demand

6 0

3 years ago

Kroger, a supermarket chain, has committed to source 100 percent of wild-caught seafood in its seafood departments from fisherie

saul85 [17]

Answer:

Kroger has the buying objective of responsible sourcing and supply chain sustainability.

Explanation:

Responsible sourcing involves procuring materials for a business where ethics and long-term sustainability are the watchwords.

The only to way to ensure suppliers do the right in business is for their customers to assess them based on ethics and sustainability,hence supplier that does not conform to ideal business ethics is at the risk of losing business. No doubt that suppliers are forced to the right thing in ensuring the environment and their host communities do not suffer hardship emanating from their operational hazards.

8 0

3 years ago

First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled

Iteru [2.4K]

Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online. She selects and purchases a $35 pair of jeans, pre-discount.
(Alice's consumer surplus, $5)

Jeff finds some steaks for $16 for which he would have been willing to pay $20. The butcher notices the meat is near the expiration date and gives him an extra 75% off. 
(Jeff's consumer surplus, $16)

Nicole has in her possession a hockey puck from the 2010 Winter Olympic Games and sells it on eBay. She will only sell the puck if the winning bid is greater than or equal to $500. After bidding closes, the last bid stands at $500. 
(Nicole's producer surplus, $0)

Claire is trying to sell her used calculus textbook online. She asks for $150 or best offer and is willing to sell for anything over $100. She is able to sell it for $125. 
(Claire's producer surplus, $25)

Roy is willing to pay $2.50 for a sports drink. He notices the price is $2.79 and chooses not to purchase a sports drink. (Roy's consumer surplus, $0)

8 0

3 years ago

"A leading environmental group recently published a report contending that humans are running a "resource deficit" because we ar

adelina 88 [10]

Answer:

c. disagree with the report, in part because it ignores the mitigating effects of technological change.

Explanation:

As the human is making use of most of the earth available resources they are running towards deficits as no country has self-sufficiency in terms of the land, labor and capital and natural resources and they are getting depleted at a much faster rate than could be generated.

Thereby resulting to rise in inflation and decline in the economic productivity growth while some of the economists disagree with the report ignores the impacts of technologies.

4 0

3 years ago