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ale4655 [162]
4 years ago
12

Kasznik Company began operations on January 2, 2019, and by year-end (December 31) had made the following investments in financi

al securities. Year-end information on these investments follows. Company Cost or End-of-Year Equity Basis (as appropriate) Year-End Fair Value Investment Classification Common stock of Barth, Inc. $68,000 $65,300 Fair value (Trading) Common stock of Foster, Inc. 162,500 160,000 Fair value (Trading) 30-Year US Treasury Bond 197,000 192,000 Available-for-sale 10-Year US Treasury Note 157,000 154,700 Available-for-sale Ertimur, Inc. 100,000 102,400 Equity method Soliman, Inc. 136,000 133,200 Equity method a. At what total amount are the trading investments reported at in the December 31, 2019, balance sheet?
Business
1 answer:
anastassius [24]4 years ago
3 0

Answer:

$225,300

Explanation:

The computation of the total amount of trading investment reported in the balance sheet is shown below:

December 31    Cost                Fair value       Lower of cost or fair value

Barth inc           $68,000         $65,300         $65,300

Foster inc         $162,500        $160,000        $160,000

Total value                                                        $225,300

We take the lower of cost or fair value and the same is shown above so that the accurate amount could come

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According to Forrester's Social Technographics Model a ______ score measures how common it is for a target segment to share prod
matrenka [14]

According to Forrester's Social Technographics Model a Use score measures how common it is for a target segment to share product and service experiences.

<h3>What is Forrester Social Technographics Model?</h3>

This is the model that was developed by this person which focuses on social behaviors.

The model is one that helps commercial business peiople to target the behaviors of their audiences for the sake of building customers relationships.

Read more on Forrester's Social Technographics Model here:

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8 0
2 years ago
What is the net present value of a project that has an initial cash outflow of $7,670 and cash inflows of $1,280 in year 1, $6,9
goldfiish [28.3K]
<span>Net present value is the present value of future cash inflows discounted at the expected rate of return minus the initial investment.
 Initial cash outflow = $7670
Cash inflow during Year 1 = $1280
Cash inflow during Year 2 = $0
Cash inflow during Year 3 = $6980
Cash inflow during Year 4 = $2750

Discount rate = 12.5%

NPV = (1280/1.125^1)+(0)+(6980/1.125^3)+(2750/1.125^4)-7670
NPV = (1280/1.125)+0+(6980/1.424)+(2750/1.6)-7670
NPV = 1137.778+0+4902.277+1716.811-7670
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6 0
3 years ago
What are the four types of costs that a business must consider in making business decisions
klio [65]

Fixed and Variable

Direct and Indirect  

Product and Period

7 0
3 years ago
What is the incidence of a tax?
kap26 [50]

The incidence of a tax is the final burden of a tax.

Explanation:

Taxation has an impact and incidence to a citizen.

To <em><u>differentiate between a direct and indirect tax</u></em>, the incidence is taken into consideration.

A direct tax has an impact and is incidental to one person who the tax payer(usually an employee).

An indirect tax has an impact on a tax payer but its incidence may or may not be transferred to the tax payer. Which means the tax payer may transfer the incidence of the tax to another person(usually the final consumer).

5 0
3 years ago
Costs from Beginning Inventory Costs from Current Period
Alex

Answer:

$30.59

Explanation:

<em>Note that the FIFO method is used for this question</em>

Equivalent Units

Materials =  5,200 x 100 % + 300 x 100 % = 5,500

Conversion Costs = 400 x 55 % + 5,200 x 100 % + 300 x 35 % = 5,525

Total Costs

Materials =  $25,200

Conversion Costs = $143,700

Cost per Equivalent unit

Materials =  $25,200/5,500 =  $4.58

Conversion Costs = $143,700/5,525 = $26.01

Total Cost = $4.58 + $26.01 = $30.59

<u>Conclusion</u>

The cost of completing a unit during the current period was $30.59

5 0
3 years ago
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