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Leto [7]
3 years ago
5

Nichols Enterprises has an investment in 30,500 bonds of Elliott Electronics that Nichols accounts for as a security available-f

or-sale. Elliott bonds are publicly traded, and The Wall Street Journal quotes a price for those bonds of $14 per bond, but Nichols believes the market has not appreciated the full value of the Elliott bonds and that a more accurate price is $18 per bond. Nichols should carry the Elliott investment on its balance sheet at:a. $442,000, the midpoint of Nichols' range of reasonably likely valuations of Elliott.b. $468,000c. $416,000d. Either $416,000 or $468,000 as either are defensible valuations.
Business
1 answer:
Alja [10]3 years ago
6 0

Answer:

30,500 bonds x $14 per bond = $427,000

Explanation:

Nicols Enterprises must carry the Elliot investment on its balance sheet using the fair market value of the stocks (value given by the stock market).

The reliability principle states that only transactions that can be proven have to be recorded. So how can Nichols prove that Elliott's stock is worth $18, or maybe $1,000 or even $1 million. They can´t prove any of that, that is why they have to use the fair market value.

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When the price of candy bars is $1.00, the quantity demanded is 500 per day. When the price falls to $0.80, the quantity demande
Wittaler [7]

Answer:

The demand for candy bars is inelastic

Explanation:

The midpoint rule calculate the price elasticity of demand as percentage change in quantity divided by the percentage change in price:

<u>% change in quantity </u>

\frac{Q_2-Q_1}{ \frac{Q_2 + Q_1}{2} }  \times 100

The quantity demanded increased from 500 to 600. We have

Q_1 = 500 \: and \: Q_2 = 600

\implies \frac{600 - 500}{ \frac{600 + 500}{2} }  \times 100 \\  =  \frac{100}{ \frac{1100}{2} } \\  =  \frac{100}{550} \\  =  \frac{2}{11}

<u>% change in price</u>

\frac{P_2-P_1}{ \frac{P_2 + P_1}{2} }  \times 100

The price changed from 1 dollar to 0.8 dollars.

\frac{0.8 - 1}{ \frac{0.8 + 1}{2} } =  -  \frac{2}{9}

Price elasticity if demand is

\frac{ \frac{2}{11} \%}{  - \frac{2}{9} \%}  =  -  \frac{9}{11}  =  - 0.82

The negative sign tells us that there is an inverse relationship between price and quantity demanded.

Since 0.82 is less than 1, the demand for candy bars is inelastic

5 0
3 years ago
What is most often used in the classroom to decrease behaviors that are being maintained by teacher attention?
Eva8 [605]

Answer:

Extinction.

Explanation:

Extinction is a technique used by Applied Behavioral Analysis (ABA) that corresponds to the interruption and elimination of the reinforcement of negative behavior whose central objective is to cause undesirable behaviors to be totally eliminated or not to occur again.

So there are criticisms about this discipline technique, as it is considered that the ideal is to present a substitution behavior in addition to just eliminating the negative behavior, since n extinction only positive behaviors are reinforced, and negatives ignored.

4 0
3 years ago
Rizenton-Pharm, a pharmaceutical company, produces a significant amount of chemical waste every day. The company disposes the wa
LenaWriter [7]

Answer: (B) Legal responsibility

Explanation:

 The legal responsibility is one of the type of legal duty based on some laws and it basically helps in creating the foundation of the different types of values in an organization.

The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.

According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.

Therefore, Option (B) is correct answer.

7 0
3 years ago
Which of the following is/are true about specialists? I. Investment banks generally cannot be specialists. II. Specialists are u
Alborosie

Answer:

The correct answers are: I. Investment banks generally cannot be specialists. and V. Specialists help maintain continuous trading.

Explanation:

Stock market specialists execute purchase or sale orders commissioned by a stockbroker. In the same way, when there are not enough buyers or sellers, specialists buy or sell on their own against the market trend. That is, they have the obligation to buy when there is not enough demand and the obligation to sell when there is not enough supply, in order to provide stability and liquidity to the market. Specialists play a role comparable to that of an air traffic controller: just as air traffic controllers are in charge of maintaining order among aircraft in flight, specialists maintain a fair and orderly market in the values assigned to them.

7 0
3 years ago
You missed writing down a transaction but your account indicates you spent your entire cleaning budget of $750. Your other trans
Klio2033 [76]

Answer:

Explanation:

a) $90

b)$111

c)$136

d)$148

4 0
3 years ago
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