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PIT_PIT [208]
3 years ago
12

Unrealized Loss on Trading Investments a.is reported on the income statement in the operating expenses area. b.is reported on th

e balance sheet. c.is not significant enough to be reported. d.is reported on the income statement separately or as a part of Other Income and Expense.
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
5 0

Answer: D. is reported on the income statement separately, or as a part of Other Income and Expense, depending on its significance.

Explanation: Unrealized losses are losses that have been inputted on paper, but the corresponding transactions have not been completed. They are also known as paper loss, due to their being recorded on paper; and are changes in the value of assets or liabilities that have not yet been settled. They are reported on the income statement separately or as a part of other income and expense (accumulated comprehensive income), usually found in the equity section of the balance sheet.

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Zhang company reported cost of goods sold of $841,000, beginning inventory of $38,400 and ending inventory of $46,900. the avera
Hunter-Best [27]

Zhang company suggested price of goods bought of $841,000, establishing inventory of $38,400 and ending inventory of $46,900. the common stock amount is $42560.

Average stock is the average amount or price of your stock over two or more accounting periods. It is the mean cost of inventory over a given quantity of time. That price may additionally or may additionally now not equal the median fee derived from the identical data.

<h3>What is the average inventory level?</h3>

The average inventory degree refers to the number of units, now not the monetary fee of these units. Determining average stock degree is simpler than identifying the average inventory cost. There's one less calculation: you do the identical thing, however assign no value to products. You're simply averaging their quantity.

Learn more about average inventory amount here:

<h3>brainly.com/question/4522984</h3><h3 /><h3>#SPJ4</h3>

4 0
2 years ago
A local jacket distributor expects to sell 9,000 black fleece jackets in a year. Assume that EOQ model assumptions are valid. Ea
torisob [31]

Answer: $4,800

Explanation:

First find the Annual holding cost:

= Average inventory * Cost of holding a unit

= 500/2 * 1 * 12 months

= $3,000

Then find the Annual ordering cost:

= Expected units to be sold/ Units ordered * Ordering cost

= 9,000/500 * 100

= $1,800

Annual Inventory cost = Annual holding cost + Annual ordering cost

= 3,000 + 1,800

= $4,800

4 0
2 years ago
A company acquired an office building on three acres of land for a lump-sum price of $2,450,000. The building was completely equ
galina1969 [7]

Answer:

$735,000

Explanation:

The fair values of the assets may be used as a basis for determining the amount to be recorded for each of the assets.

This will be in a proportional manner such that the higher the fair value, the higher the actual cost assigned and vice versa to the asset.

Hence the amount to be recorded for the building

= 840,000 / (840,000 + 840,000 + 1,120,000) * $2,450,000

= $735,000

7 0
3 years ago
What is capital vocation​
nalin [4]

Answer:

A vocation is an occupation to which a person is specially drawn or for which they are suited, trained, or qualified. And since it is capital vocation I guess you just tie that definition into your capital and how that would work for your capital. I hope this helps. It was kind of difficult to find the answer. :) I wish you the best of luck! If you need any more help just ask!

8 0
3 years ago
Fixed costs can be defined as costs thatGroup of answer choicesvary inversely with production.vary in proportion with production
Sholpan [36]

Answer: are incurred even if nothing is produced.

Explanation:

Fixed costs are referred to as the cost that doesn't vary with the production level. Even if the company doesn't produce anything, the fixed cost will still be incurred.

The fixed cost is different from the variable cost which is the cost that varies along with production. Examples of fixed cost include salaries, rental lease payments, salaries, etc.

8 0
3 years ago
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