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Sever21 [200]
3 years ago
13

On its 2011 balance sheet, Bank of America Corporation reports marketable debt securities of $311,416 million. The footnotes dis

close that these securities have an amortized cost of $306,437 million. Which of the following is true?1) These are available-for-sale securities2) These are trading securities3) There are net unrealized gains of $4,979 on these securities4) Both A and C5) Both B and C
Business
1 answer:
victus00 [196]3 years ago
5 0

Answer:5. Both B & C

Explanation:

This security have an unrealized gain which the company expect to realize by selling at the market price in the nearest future. The availability of the carrying amount and the recoverable price shows that it's a trading security inclusive of other information. The inherent gain will be recognized once the sales is made.

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Oceanic, a venture capital firm, has the opportunity to invest in one of two firms that are in the process of globalizing. Macmi
Korvikt [17]

Answer: B. Macmillan, because firms that face stiff competition at home tend to do better abroad

Explanation:

Following the information given, it can be deduced that Oceanic should invest in Macmillan, because firms that face stiff competition at home tend to do better abroad.

The fact that Macmillan, which is an air-conditioner manufacturer, faces intense pressure from its home market will have resulted in the company making quality sure conditioners in order to sustain the pressure and have an edge over its local competitors. Therefore, the company will do better abroad as a result of this.

The correct option is B.

6 0
3 years ago
Suppose a museum charges different entrance fees for children, students, adults and seniors, but these groups all pay the same a
Pepsi [2]

Answer:

the entrance ticket is individual, while souvenirs are transferable

Explanation:

Based on the scenario been described in the question, the museum charges different entrants fee from children, which make the ticket and individual ticket at it was able to reduce the price for children, while the museum charges the same price for all the group on souvenirs, that is because souvenirs are transferable compared to the tickets.

4 0
3 years ago
A city filed eminent domain proceedings in order to obtain 40 beach houses fronting a particularly attractive stretch of shoreli
kipiarov [429]

Answer:

No, because the planned sale to the private developer to increase the tourist trade qualifies as a public use.

Explanation:

Eminent domain is the provision that gives a government the ability to take a private property and convert it to public use. The owner of the property is however required to be compensated adequately.

In this instance the city filed eminent domain proceedings in order to obtain 40 beach houses as part of an elaborate plan to increase the city's tourist trade and revive the local economy.

Since this is for public gain the city has a legal right to file for an eminent domain here.

So the owners will most likely not prevail in this situation

7 0
2 years ago
Part of having ______ means understanding that businesspeople from other countries may have very different attitudes about punct
gulaghasi [49]

Answer: Cross cultural competency.

Explanation:

Cross cultural competency means the ability to easily relate with people of different cultures and the ability to understand why people of a particular culture act in particular way. When a manager for instance has a high level of Cross cultural competency, he/she would be able to understand the attitude towards work a people from particular culture share.

7 0
3 years ago
According to your text, selection methods should accurately predict how well individuals perform, and they should only be applic
zavuch27 [327]

Selection Funnel Process should be decided by the organisation to have good candidates that would help to Grow the business.

Explanation:

1. Positive Attitude -. The candidate should have a optimistic thinking towards every situation he/she faces.

2. Cooperative/Teamwork - The candidate should have the sportsman spirit to be able to work under or above as a team.

3. Creative -The candidate should have a create mind so as to innovate and give new ideas , suggestion that help the company to grow.

6 0
3 years ago
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