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forsale [732]
3 years ago
7

On January 1, Bargain Company's Valuation Allowance for Trading Investments account had a debit balance of $18,500. On December

31, the cost of the trading securities portfolio is $80,000. The fair value is $100,000. Which of the following would Bargain Company report?1. Unrealized Loss on Trading Investments of $1,500.2. Unrealized Gain on Trading Investments of $20,000.3. Unrealized Gain on Trading Investments of $1,500.4. Unrealized Loss on Trading Investments of $20,000.
Business
1 answer:
natulia [17]3 years ago
4 0

Answer:

3) Unrealized Gain on Trading Investments of $1,500.

Explanation:

By January 1, Bargain Company had recognized a $18,500 gain on their investment (the valuation allowance account had a debit balance = gain). By the end of the year, the gain on the investment had increased to $20,000 (= $100,000 - $80,000), so you need to recognize an additional gain of $1,500 (= $20,000 - $18,500).

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According to recent market research, Google is one of the most valuable brands in the world. According to this research, the com
liq [111]

Answer:

The correct answer is letter "D": brand equity.

Explanation:

Brand equity is the value a company gains from its name recognition. To ensure customer loyalty the brand equity so valuable, companies must consistently produce quality products. This creates loyal customers who are willing to pay more for a preferred brand.

5 0
3 years ago
A property is leased for $24,000 per year although market rents are currently $27,500 per year and are expected to increase by 2
zhannawk [14.2K]

Answer:

the present vlaue of the ledased property = $251,298

Explanation:

the free market value in 10 years = ($27,500 x (1 + 2%)¹⁰) / 10% = $335,223

free cash flows year 1 - 9 = $24,000

free cash flow year 10 = $359,223

discoutn rate = 11.5%

using a financial calculator, the present value of the property = $251,298

6 0
3 years ago
Michael had a severe hearing impairment and worked as the supervisor of a fast food restaurant. Michael’s manager and the human
KiRa [710]

Answer: The correct answer is "C) giving up rather than standing up to the boss as required by law.".

Explanation: This is a situation of: <u>giving up rather than standing up to the boss as required by law.</u>

Michael should have sued his boss before the law so that he could instead be compensated for the bad treatment and discrimination and also collect unemployment compensation in the event that the employment relationship is terminated.

6 0
3 years ago
drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credi
lesya [120]

  1. Travel and Entertainment Credit    -     Consumers use cards with no interest and non-revolving balance.
  2. Revolving Check Credit                 -      Consumers use prearranged loan using special checks.
  3. Closed-End Credit                          -       Consumers pay off dept and credit is automatically renewed.
  4. Revolving Credit                             -       Consumers take out a loan with a repayment date and have a specific purpose.

<h3>What is meant by Consumer Credit?</h3>

Consumer credit refers to debt incurred by an individual to pay for products and services. An example of consumer credit is a credit card.

Consumer credit might refer to any sort of personal loan, although it is more frequently used to denote unsecured debt that is incurred to pay for regular products and services. Consumer debt can, however, also refer to secured loans like mortgages and auto loans.

Installment credit is given for a predetermined time period and is utilized for a specified purpose.

Open-ended revolving credit is a type of loan that can be applied to any kind of transaction.

To learn more about consumer credit from given link

brainly.com/question/14345325

#SPJ4

4 0
1 year ago
Chutney Channel is a small organization based in Canada that sells specialty condiments made from local ingredients to a wide ar
alex41 [277]

Answer:

he

Explanation:

I

5 0
3 years ago
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