Total unrealized holding gain would Beresford report in its 2021 income statement relative to its investments in bonds is $36,600.
Unrealized holding gains are increases in the value of assets that a company or individual continues to hold.
This gain has not yet been reported on the entity's income statement as a realized gain.
The gain is considered realized once the asset is sold.
Assets are frequently held even after a gain in value has occurred, either because the owner expects another gain or because the owner does not want to pay taxes on the gain.
Therefore, total unrealized holding gain is the difference between the fair value of trading securities on 12/31/2021 and at 12/31/2020.
For the figures used refer to the attached image.
total unrealized holding gain = (76000 - 65000) + (98100 - 67000) + (58500 - 64000)
= 11000 + 31100 - 5500
= $36,600
Hence, the correct answer is $36,600.
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False. Diversification cannot reduce the risk of a portfolio because the prices of different securities do not move exactly together.
A diversified portfolio is a collection of various investments that work together to lower the overall risk profile of the investor. Owning stocks from a variety of various sectors, nations, and risk profiles as well as other investments like bonds, commodities, and real estate are examples of diversification.
Although it can help you control risk by distributing your investment funds among several asset classes and types of securities, diversification cannot completely remove risk or ensure a profit. The chance of losing money still exists.
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Answer:
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
Explanation:
Given in this case, Maxwell is applying "Universal Commercial Code (UCC)" division 2 provision, which defines all the goods and services.
A movable property, which can be sold from seller to the buyer at certain prices are called goods. Therefore, in this case, "Raw Cream" comes in the definition of goods, as it is directly sold to Maxwell by the grocery shop.
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
Answer: The correct answer is "c. employs customer relationship management strategies.".
Explanation: Customer relationship management strategies involve a management model of the entire organization, based on customer satisfaction (or market orientation according to other authors). It is an approach to manage the interaction of a company with its current and potential customers.
Answer:
Depletion expense is $16,800,000
Explanation:
2018 depletion expense=total oil reserves cost*quantity removed/total reserves
total oil reserves cost is $252,000,000
quantity removed in 2018 12,000,000 barrels
total oil reserves is 180,000,000 barrels
2018 depletion expense =$252,000,0000*12,000,0000/180,000,000
=$16,800,000
The depletion expense to charge against revenue in 2018 in order to arrive at net income is $16,800,000