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just olya [345]
4 years ago
7

Data regarding Rock Corp.’s available-for-sale securities follows: Cost Market Value December 31, year 8 $ 80,000 $ 65,000 Decem

ber 31, year 9 $ 80,000 $ 90,000 Differences between cost and market values are considered temporary. Rock does not elect the fair value option of accounting for available-for-sale securities. By what amount should Rock increase (credit) its year 9 other comprehensive income?
Business
1 answer:
Nookie1986 [14]4 years ago
4 0

Answer: $25,000

Explanation:

From the information given in the question, we can see that for the year 8 which ended, the loss of ($80,000 - $65,000) = $15,000 was recognised.

For year 9, while the cost was given as $80,000, it should be noted that the market value was being given as $90,000. Therefore, the amount that will be recognized as the other comprehensive income will be:

= $90,000 - $65,000

= $25,000.

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From a business perspective, a company's ability to achieve its business goals and increase long-term shareholder value by integ
oksano4ka [1.4K]

Answer:

The correct answer is letter "D": sustainability.

Explanation:

Sustainability refers to the ability of businesses to keep their operations up and running over long periods. Firms achieve this with a mixture of flexible and strong strategies that allow them to take advantage of their opportunities and strengths and minimize the impact of the threats and weaknesses inherent.

5 0
4 years ago
Company A is considering whether or not to expand into another segment. It currently has an ROA (return on assets) measure of 5%
Luba_88 [7]

As a result of the expansion described, the effect will Decrease Company A’s overall ROA.

<h3>Effect on Company A ROA </h3>

The ROA is found by the formula:

= Net profit / Total assets

If the new project goes through, it will increase assets by $1 million while only increasing net profits by $1,000.

This means that the denominator of total assets will increase much more than the numerator of Net profit. This will lead to a lower ROA in general because a larger denominator leads to a smaller product when the numerator is divided.

Find out more on ROA at brainly.com/question/26415601.

5 0
3 years ago
If a student identifies herself as having strong writing skills and an interest in working on her own, which of the following mi
Mekhanik [1.2K]
She could try becoming an author, they write in magazines, newpapers, books, and articles. She could write what she wishes and it's on her own.
7 0
4 years ago
Read 2 more answers
Assume that $1.6 million is deposited into a bank with a reserve requirement of 5 percent. Instructions: Round your answer to tw
notka56 [123]

Answer:

money supply = 32 million

Explanation:

The reserve requirement is the money banks keep in their vaults against the deposited money.

The supply of money is affected by reserves and the supply of money can be increased if we lower the reserve requirements.

The money supply is calculated as

money supply = deposits*money multiplier

Where money multiplier is ( 1/ % of reserve requirement)

money supply = deposits*( 1 / % of reserve requirement)

money supply = 1600000*( 1/0.05)

money supply = 32000000

money supply = 32 million

4 0
3 years ago
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What should you do during the development phase regardless of the type of event you are implementing?
enyata [817]

Answer:

d) identify who will be the master of ceremonies

Explanation:

  • a) identify your goals and objectives  ⇒ Initiation phase
  • b) identify the charity for the event profits   ⇒ Initiation phase
  • c) identify the location of the event   ⇒ Planning or design phase

One of the first activities carried out during the operations or development phase should be to establish his/her work team (including master of ceremonies).

7 0
3 years ago
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