Answer:
Fair Value adjustment $5,000 Dr.
Unrealized holding gain-net income $5,000 Cr.
Explanation:
Common stock purchase price = $500,000
North company outstanding stock = $10,000,000
5% stock of outstanding stock purchased :
(5/100) * $10,000,000
0.05 * 10,000,000
= $500,000
Fair value of investment = $505,000
Adjustment in fair value = $505,000 - $500,000 = $5000 ( Debit)
Unrealized holding gain-net income = $505,000 - $500,000 ( Credit)
Answer: a percentage of the current operating overhead
Explanation: Operating overhead or operating expenses refers to the expenses incurred by an organisation for the smooth running of its business. These overheads do not increase when the company increases its operations by expanding its expenses.
On the other hand additional utilities, offering trays and additional raw material are direct costs and needs to be considered while making a decision.
Hence from the above we can conclude that current operating overhead is a non relevant cost.
Answer:
The policy should cover all the options
Explanation:
That's because we are talking about a full cover insurance. So, in all cases, the insurance must cover all the damages related with physical (include persons or material damages) or psychological injuries.
Answer:
D.
the federal reserve injects money into banks to give them peace of mind to lower their interest rates. the lower the interest rate, the more people will loan from the bank. this increases the funding to the bank when the loans are paid off so the bank can pay back the reserve while having increased profit
Answer:
what's the question?
Explanation:
please provide a more valid question to answer.thank you