1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ankoles [38]
3 years ago
12

When the market value of an investment in debt securities in which the company has a positive intent and ability to hold to matu

rity exceeds its carrying amount, how should each of the following assets be reported at the end of the year?
Long-term marketable debt securities / Short-term marketable debt securities
a. Market value / Carrying amount
b. Carrying amount / Market value
c. Market value / Market value
d. Carrying amount / Carrying amount
Business
1 answer:
Allisa [31]3 years ago
4 0

Answer:

(D) Carrying amount / Carrying amount

You might be interested in
Salvatore and Annette are sales managers for Acme USA. Both work full-time in the Acme offices under the same manager, and share
harina [27]

Answer:

<em>A</em>

Explanation:

Acme classified Annette as an independent contractor and as such, isn't entitled to certain benefits as compared to Salvatore that was hired as an employee. A contracting staff's timing and work benefits are always limited in comparison to that of an actual employee.

6 0
3 years ago
Read 2 more answers
Park Corporation is planning to issue bonds with a face value of $2,000,000 and a coupon rate of 10 percent. The bonds mature in
Alborosie

Answer:

Cash                      2,214,007 debit

        bonds payable              2,000,000 credit

        premium on B.P                 214,007 credit

Explanation:

To know the proceeds for the bonds we will calculate the present value of the coupon payment and the present vlaue of the maturity at market rate:

The coupon payment will be an ordnary annuity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Coupon payment: 2,000,000 x 0.05 =  100,000

time: 10 years x 2 payment per year = 20

rate 8.5% annual rate: 0.085/2 = 0.0425 semiannual rate

100000 \times \frac{1-(1+0.0425)^{-20} }{0.0425} = PV\\

PV $1,329,436.5808

Whilethe maturity the present value of a lump sum

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  2,000,000.00

time   10 years to maturity

 rate  0.085

\frac{2000000}{(1 + 0.085)^{10} } = PV  

PV   884,570.83

PV coupon payment $1,329,436.5808

PV maturity                   $884,570.8301

Total $2,214,007.4109

facevalue  2,000,000

premium        214,007

8 0
3 years ago
Clark purchased a life insurance policy on himself and made his son, Russ, the beneficiary. Unfortunately, while Clark was takin
Karolina [17]

Answer: 7. intended donee beneficiary

Explanation:

Intended donee beneficiaries are people who are gifted the benefit of a contract they are not involved in by one of the contracting parties. The person who was involved in the contract that gave the gift does not owe the person that the gift was promised to any debts which makes it like a donation. Russ is an intended donee beneficiary who was meant to receive a benefit from a contract between Clark and the Insurance company even though he was not party to it.

5 0
3 years ago
Store A purchases cases of fertilizer for its lawn-care business from a supplier who charges Store A $30 per order and $50 per c
Lapatulllka [165]

Answer:

20

Explanation:

Calculation for average inventory level

Using this formula

Average inventory level=Store A's order quantity/2

Let plug in the formula

Average inventory level = 40 cases /2.

Average inventory level= 20

Therefore the Average inventory level will be 20

6 0
3 years ago
n 1973, long lines of cars appeared at American gas stations, which either ran out of fuel or limited how much a customer could
natita [175]

Answer: the oil embargo

Explanation:.

4 0
2 years ago
Other questions:
  • Red Rock Bakery purchases land, building, and equipment for a single purchase price of $260,000. However, the estimated fair val
    9·1 answer
  • Thyimach, a machinery manufacturing company, has been purchasing iron shafts from metaljun, a supplier of iron and steel materia
    9·1 answer
  • Stacey's text messaging plan costs $10 for the first 250 messages and 30¢ for each additional text message. if she owes $13.00$⁢
    8·1 answer
  • Which of the following is an example of selling? A college student asking a professor to let him enroll in a course section alre
    12·1 answer
  • During a year, Mark’s monthly sales compensation ranged between $15,500 and $20,900 per month and units sold ranged between 1,10
    14·1 answer
  • Suppose Adam wants to have $750,000 in his IRA at the end of 30 years. He decides to invest in an annuity paying 6% interest, co
    8·1 answer
  • Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson Co. issued $240,000 of 10-year, 9
    15·1 answer
  • AZ-64409 company makes and sells two products: Product W903 and Product Z653. The annual production and sales of Product W903 is
    9·1 answer
  • Gottschalk Company sponsors a defined benefit plan for its 100 employees. On January 1, 2020, the company's actuary provided the
    15·1 answer
  • a market is considered to be a(n) when the largest four firms in an industry control more than 40% or more of the market..
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!