Option D Increase Decrease
Adjust a gain by crediting as unrealized gain and record a loss by debiting as unrealized loss in accumulated and other income account
Explanation:
Unrealized holding of gains and losses on securities available for sale may consider as unrealized gain or unrealized loss by considering the current market value (price) of such related securities in the securities market. The unsold securities occurs only on paper and has yet to be recognized by selling the same.
Only some unrealized gains are reported on the income statement and increase your net income, or profit and some unrealized losses are reported on the income statement and decrease your net income, or profit. So the option D - increase decrease has to be taken as answer for this question.
Answer:
Yes, it is possible to balance profit and other business objectives with the goals and desire of society.
Explanation:
The primary reasons why businesses are in operation is to make profit. While there are other business objectives like capture a bigger market, provide better customer service, improve efficiency and employee trainings etc. yet its main aim is to make profit.
Ideally, societies would always expect a lot from businesses in terms of social responsibilities because they believe the profit made by businesses emanates from the society; through the purchase of their produce. Where there is no society, there would be no business.
Again, as a corporate and law abiding businesses, it is expected of them to give back to the society within which it operates because that is where the business generates profit to cover its running cost hence should be able to balance between what the society expect from them and what its business objectives are.
Barriers to entry’ describes the difficulty that new entrants (startups) have when trying to establish a profitable business in a particular market.<span>
The restaurant industry is characterized by a low barrier to entry. This means that the </span><span>barriers to establishing a new profitable business in the restaurant industry are easy to overcome.</span>
<span>False! In a free market is wrong to use any kind of price control, once it would turn the "free" in a "state managed" market, which means contradictory from the classic approach of the free market philosophy of economy. Some kind of partial free market policy can establish a floor price or a ceiling price, but it is not a free market.</span>
Answer:
Gross income = $1,000
Explanation:
Given:
Total beneficiary of insurance amount = $100,000
Total number of equal payment = 10
Each installment amount receives = $11,000
Computation of each payment amount proposed:
Each payment amount proposed = $100,000 / 10
Each payment amount proposed = $10,000
Computation of gross income:
Gross income = Each installment amount receives - Each payment amount proposed
Gross income = $11,000 - $10,000
Gross income = $1,000
