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Leviafan [203]
3 years ago
7

At the end of year 1, Rome Inc. held debt securities classified as available-for-sale securities. The securities were carried at

market value of $57,320 with a cumulative unrealized loss of $12,350. What was the historical cost of the debt securities available for sale?
Business
1 answer:
KiRa [710]3 years ago
8 0

Answer:

The historical cost of the debt securities available for sale was $69,670.

Explanation:

Market value of the securities = $57,320

Cumulative unrealized Loss = $12,350

Historical cost of the securities held for sale = Market Value of the Securites + Cummulative unrealized losses

Historical cost of the securities held for sale = $57,320 + $12,350

Historical cost of the securities held for sale = $69,670

Securities Held for sale are recorded at the fairmarket value and its losses are accumulated. By adding cummulative losses of security to Maerket value of security we can calculate historical cost of the security.

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When MyGym management began evaluating overseas market​ expansion, it first looked at countries in which English was fairly comm
Paha777 [63]

Answer:

standardized global marketing

Explanation:

According to my research on the different types of marketing approaches, I can say that based on the information provided within the question the approach that the company has undertaken is best described as standardized global marketing. This is basically when a company uses the same marketing strategy in various countries and with various cultures. Which is what MyGym is doing by looking into countries that speak English so that they can maintain the same marketing programs.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Badan
Leokris [45]

Answer:

check it

Explanation:

Which statement explains why Elie Wiesel most likely wrote All Rivers Run to the Sea as a memoir?

to reveal the traumatic impact the Holocaust had on his life

to persuade world leaders to take action against oppression

to provide a historical account of Poland during World War II

to convince other Holocaust survivors to share their stories

7 0
3 years ago
Entertainer's Aid plans five annual colossal concerts, each in a different nation's capital. The concerts will raise funds for a
Finger [1]

Answer: $5,569,758.43

Explanation:

First you need to find the present value of the Perpetuity at the end of the fifth year.

Present value of Perpetuity = Amount / Interest rate

= 3,000,000 / 9%

= $33,333,333.33

Given an interest rate of 9%, Entertainer's aid should deposit an amount per year that would lead to the endowment having $33,333,333.33 at the end of the fifth year.

Future value of annuity = Annuity * Future value of annuity interest factor, 9%, 5 years

33,333,333.33 = Annuity * 5.9847

Annuity = 33,333,333.33 / 5.9847

= $5,569,758.43

3 0
3 years ago
The national institute for standards and technology is within which federal agency?
maksim [4K]
Most likely the National Institute for Standards and Technology falls under the U.S. Department of Commerce 
8 0
3 years ago
A stock has a required return of 11%; the risk-free rate is 7%; and the market risk premium is 4%.
kotegsom [21]

Answer:

The Beta is 1

The required return increases to 13%

Explanation:

The formula for required return is given below:

Required Return = Risk-Free Rate of Return + β(Market Return – Risk-Free Rate of Return)

required return is 11%

risk-free rate of return=7%

Beta is unknown

market return-risk free rate of return is market risk premium is 4%

11%=7%+beta(4%)

11%-7%=beta*4%

4%=beta*4%

beta=4%/4%

beta=1

If the market risk premium increased to 6%,required return is calculated thus:

required return=7%+1(6%)

required return =13%

This implies that the riskier the stock, the higher the market risk premium, the higher the required return to investors.

6 0
3 years ago
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