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irga5000 [103]
3 years ago
10

Valet Corporation began operations in 2018. An analysis of Valet's debt securities portfolio acquired in 2018 shows the followin

g totals at December 31, 2018 for trading and available-for-sale debt securities:Trading Securities...Available-for-Sale SecuritiesAggregate cost $180,000...$220,000Aggregate fair value 160,000...190,000What amount should Valet report in its 2018 income statement for unrealized holding loss?1. $20,000.2. $30,000.3. $50,000.4. $10,000
Business
1 answer:
s2008m [1.1K]3 years ago
5 0

Answer:

1. $20,000.

Explanation:

unrealized holding loss  = Aggregate cost - Aggregate fair value

                                       = 180,000 - 160,000

                                       = ($20,000) Loss

Therefore, The amount that Valet should report in its 2018 income statement for unrealized holding loss is $20,000.

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In an economy, the total expenditures for a market basket of goods in year 1 (the base year) was $5,000 billion. In year 2, the
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Answer:

The correct answer is option (C).

Explanation:

According to the scenario, the given data are as follows:

Base year basket price = $5,000 billion

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Consumer price index = (Year 2 basket price ÷ Base year basket price ) × 100

By putting the value, we get

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3 years ago
In comparing the two graphs, the Demand Curve uses "prices." What term is used in place of "price" on an Aggregate Demand Curve?
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3 years ago
Pamprosesong tanong
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Answer:

can someone plz translate this

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so I can answer it then translate my answer to their language?

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