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sergey [27]
3 years ago
12

At the end of the first year of operations, the total cost of the trading securities portfolio is $245,000. Total fair value is

$250,000. The financial statements should show
A. an addition to an asset of $5,000 and a realized gain of $5,000.
B. an addition to an asset of $5,000 and an unrealized gain of $5,000 in the stockholders
Business
1 answer:
Korvikt [17]3 years ago
7 0

Answer:

B. an addition to an asset of $5,000 and an unrealized gain of $5,000 in the stockholders

Explanation:

There is a cost of $245,000 and the value that can be received today in case the trading securities are sold = $250,000

Thus, there can be gain in case if it is sold of $5,000.

Since it is not sold right now, and is current in nature because it is valued at fair price and not at historical cost, the gain is unrealized in nature.

Thus, this increase in value would increase the value of assets in the books, and that the gain shall be recorded as other income as unrealized gains from securities.

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A worker’s positive reaction to a negative performance review from an employer might be to ______.
wel

A worker’s positive reaction to a negative performance review from an employer might be option A "ignore the criticisms made at the review." Option A seems to be the best fit for this question because option B would I consider a negative reaction because addressing the employer over the negative review could start a fight and the other two seem too irrelevant for this question.

Hope this helps.

3 0
3 years ago
Read 2 more answers
Difference between bookkeeping and accounting in table​
Sladkaya [172]

Answer:

Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.

Explanation:

hope this will help you

3 0
3 years ago
A random experiment with three outcomes has been repeated 50 times, and it was learned that E1 occurred 20 times, E2 occurred 13
enot [183]

Answer:

P(E1)=\frac{20}{50}=0.4

P(E2)=\frac{13}{50}=0.26

P(E3)=\frac{13}{50}=0.34

I used the relative frequency method

Explanation:

To solve this question we can use the relative frequency to find out each probability. The relative frequency is the ratio of the occurrence of each event and the total number of outcomes.

Here the experiment has been repeated 50 times, so that is the total number of outcomes and the denominator. There are 3 possible events E1, E2, and E3, so we can calculate the ratios to get the probabilities

Event E1 occurred 20 times of the 50: P(E1)=\frac{20}{50}

Event E2 occurred 13 times of the 50: P(E2)=\frac{13}{50}

Event E3 occurred 17 times of the 50: P(E3)=\frac{17}{50}

8 0
4 years ago
You are an accounting student at a university and also a talented guitar player. During summer vacation, you are hired full time
Travka [436]

Considering the scenario described above, at the store, I am an employee. This is because I'm hired full-time.

Also, because an office manager is supervising me, that shows I am an employee.

Also, given that I work within normal business hours at the store, that is a characteristic of an employee. Again, payment of wages is associated with employee relations.

On the other hand, I work as an independent contractor at the pub because I decide the music to play and get paid per gig.

Also, given that I don't work at normal hours and get paid at a lump sum, this is an independent contractor working feature.

Hence, in this case, it is concluded that I worked as an independent contractor at the pub and an employee at the store.

Learn more here: brainly.com/question/20834227

8 0
3 years ago
Outlines are effective because they
storchak [24]
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8 0
4 years ago
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