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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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During November, TaskMaster purchased 208,000 pounds of direct materials at a total cost of $436,800. The total factory wages fo
aniked [119]

Answer:

See below

Explanation:

Given the above information,

Direct material price variance is computed as;

= (Actual price - Standard price) × Actual quantity

Actual price = $436,800/208,000

Standard price = $436,800/182,000

Actual quantity = 208,000

Direct material price variance

=[ ($436,800 / 208,000) - ($436,800 / 182,000 ] × 208,000

= ($2.1 - $2.4) × 208,000

= $62,400 unfavourable

8 0
3 years ago
Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic prod
MAXImum [283]

Answer: Option B

Explanation:

A trade restriction is an artificial restriction on the trade of goods and/or services between two or more countries.

The right option is B because the statement contains one error; domestic producers gain at the expense of foreign producers rather than domestic consumers.

8 0
3 years ago
A nurse is caring for a client with dehydration at the health care facility. the client is receiving glucose intravenously. what
Bond [772]
A gauze pad or bandaid
3 0
3 years ago
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True or False: Nearly two thirds of all jobs require some sort of educational or training after high school?
CaHeK987 [17]

True i do believe :)

8 0
3 years ago
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Howard Inc. had prepaid rent of $79,000 and $88,000 at the end of Year 1 and Year 2, respectively. During Year 2, Howard recorde
vichka [17]

Answer:

the Cash outflows for rent in Year 2 is $253,000

Explanation:

The computation of the Cash outflows for rent in Year 2 is shown below:

Prepaid rent at year 2 $88,000

Add: rent expense $244,000

Less: prepaid rent in year 1 -$79,000

Cash outflows for rent in year 2 $253,000

Hence, the Cash outflows for rent in Year 2 is $253,000

7 0
3 years ago
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