1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Thepotemich [5.8K]
3 years ago
11

At December 31, 2017, the available-for-sale debt portfolio for Carla, Inc. is as follows. Security Cost Fair Value Unrealized G

ain (Loss) A $35,875 $30,750 $(5,125 ) B 25,625 28,700 3,075 C 47,150 52,275 5,125 Total $108,650 $111,725 3,075 Previous fair value adjustment balance—Dr. 820 Fair value adjustment—Dr. $2,255 On January 20, 2018, Carla, Inc. sold security A for $30,955. The sale proceeds are net of brokerage fees. Prepare the adjusting entry at December 31, 2017, to report the portfolio at fair value. Show the balance sheet presentation of the investment-related accounts at December 31, 2017. Prepare the journal entry for the 2018 sale of security A.

Business
1 answer:
skelet666 [1.2K]3 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
In a progressive tax system, who pays a greater proportion of their income in taxes?
Nikolay [14]
C. Those who have the most deductions
8 0
3 years ago
Jaune Magazine (JM) must decide whether or not to publish a tell-all story about a celebrity. If the story ends up having major
Nataliya [291]

Answer:

The correct option is A, risk averse

Explanation:

Risk aversion is a situation where a person undertaking a business or an investor tries as much as possible to limit exposure to losses by taking drastic steps to ensure the losses do not materialize.

The publisher in this case is conscious of facing the lawsuit that could result from publishing story and has taken a precautionary measure by not even venturing into the publishing ,let alone a  lawsuit with substantial amount in damages rears its ugly head.

A risk seeking investor would go ahead with the publishing since success could bring a juicy income

3 0
2 years ago
.In 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value
cricket20 [7]

Answer:

The question is not complete,find below complete questions:

If you purchased a $50 face value bond in early 2017 at the then current interest rate of .10 percent per year, how much would the bond be worth in 2027? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. In 2027, instead of cashing the bond in for its then current value, you decide to hold the bond until it doubles in face value in 2037. What annual rate of return will you earn over the last 10 years?

The bond is worth $50.50 in the year 2027

The annual rate of return is 7.07%

Explanation:

The future value of the bond is given by the below formula:

FV=PV*(1+r)^N

where PV  is the present of the bond of $50

r is the rate of return of 0.10 percent=0.001

N is the duration of the bond investment of 10 years

FV=50*(1+0.001 )^10

FV=$50.50

However for the face of the bond to double i.e to $100, the rate of return can be computed thus:

r=(FV/PV)^(1/N)-1

where FV=$100 (double of $50)

FV=$50.50(current value in 2027)

N=10

r=($100/$50.50)^(1/10)-1

r=0.070707543

r=7.07%

5 0
3 years ago
A computer chip manufacturing giant decides to outsource its operations to a new geographical location with cheaper labor amidst
ivolga24 [154]

The best strategy would be to cancel the job cuts till the time the market situation and the entry operations stabilize.

Answer: Option E

<u>Explanation:</u>

The decision of outsourcing the operations taken by the businesses is done to ease out the work and give it outside the company because they themselves can not work upon it. But if this leads to criticisms, then it should be stopped.

The best strategy that the computer company should have is to cancel the job cuts to get the positive reactions back. The company should not go to labor of other areas cutting jobs of its own labor because this will harm it's image in the market and affect the productivity.

6 0
3 years ago
You are considering an investment that will pay you and your heirs $5,000 at the end of each year forever. The price of the inve
Dmitry [639]

Answer:

Fair price of the insurance policy is $62,500.

Explanation:

We have given that an investment that will pay you and your heirs $5000

So the annual cash flow = $5,000

It is given that you can earn 8 % annually on your money

Required rate of return = 8%

We have to find the fair price for the investment

Price of this annuity =\frac{5000}{0.08}=$62500

Fair price for the investment is $62,500.

8 0
3 years ago
Other questions:
  • American express and discover card are examples of open loop systems. <br> a. True <br> b. False
    14·1 answer
  • Suppose the Bank of Tazi loaned the banks of Tazi 10 million tazes. Suppose also that both the reserve requirement and the perce
    5·1 answer
  • Which of these options for saving money typically offers the least liquidity?. . A.Savings bond. B.Money market account. C.Certi
    6·2 answers
  • The two parts of every mission to test that clearly indicates the action to be taken and the
    11·1 answer
  • Soffia Inc. manufactures a moisturizing soap with anti-ultraviolet properties, which is sold under the brand name DewMist. The c
    9·2 answers
  • Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets
    14·1 answer
  • The Super Toy Stores inventory records at December 31, revealed the following: Inventory on hand, December 31 $350,000 Merchandi
    12·1 answer
  • If three sandwiches and two bags of chips cost $22. 00, and two sandwiches and one bag of chips cost $14. 25, how much does a ba
    6·1 answer
  • Compared to other industrialized nations, the united states has one of the ________ rates of childhood poverty.
    11·1 answer
  • During some year a country had exports of $50 billion, imports of $70 billion, and domestic investment of $100 billion. what was
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!