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34kurt
3 years ago
15

Hawk Corporation purchased 10,000 Diamond Corporation bonds in 2015 for $61 per bond and classified the investment as securities

available for sale. The value of the Diamond investment was $73 per bond on December 31, 2016, and $92 on December 31, 2017. During 2018, Hawk sold all of its Diamond investment at $146 per bond. In its 2018 income statement, Hawk would report:
Business
1 answer:
Pavel [41]3 years ago
6 0

Answer:

Explanation:

In this question ,we take the difference of the per bond value based on the year. The computation is shown below:

During 2015 to During 2017:

= Number of bonds purchased × (December 31, 2017 value - 2015 value)

= 10,000 × ($92 - $61)

= 10,000 × $31

= $310,000

During 2018:

= Number of bonds purchased × (December 31, 2018 value - 2017 value)

= 10,000 × ($146- $92)

= 10,000 × $54

= $540,000

So, the total amount would be

= $310,000 + $540,000

= $850,000

This amount which reflect in the income statement as a realized gain

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Harrizon [31]

Answer:

Letter D is correct. It studies how organizations develop human strengths, foster vitality, and unlock potential

Explanation:

Positive Organizational Scholarship is a way for an organization to motivate and stimulate the capabilities of its employees. It is a way of identifying the strengths and weaknesses of each employee and encouraging them to improve their skills and developing new skills that will help them to succeed. joint result of the company.

5 0
3 years ago
g A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third y
Lorico [155]

Answer:

$880.31

Explanation:

Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment

Given that,  

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The formula is shown below:

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So, after applying the above formula, the new price of the bond is $880.31

4 0
3 years ago
Taylor is negotiating to buy some land. Under the first option, Taylor will give Ella $150,000 and assume her mortgage on the la
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Answer:

The cost basis for the land is equal under both options.

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The only real difference is that if Taylor decides to assume the mortgage, he will need a smaller initial cash flow ($150,000).

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Many people in Rhenasia are spending less as there are only few good-paying jobs in the country. Many businesses in the country
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