1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hram777 [196]
3 years ago
10

The following information relates to Ivanhoe Co. for the year ended December 31, 2020: net income $1,180 million; unrealized hol

ding loss of $9.9 million related to available-for-sale debt securities during the year; accumulated other comprehensive income of $55.2 million on December 31, 2019. Assuming no other changes in accumulated other comprehensive income.
Determine
(a) other comprehensive income for 2020,
(b) comprehensive income for 2020, and (c) accumulated other comprehensive income at December 31, 2020.
Business
1 answer:
QveST [7]3 years ago
5 0

Answer:

a. Other Comprehensive income for 2020 = Unrealized holding loss = -$9.9 million

b. Comprehensive income for 2020 = Net income - Unrealized holding loss = $1,180 million -$9.9 million = $1,170.1 million

c. Accumulated other comprehensive income at December 31, 2020 = Accumulated other comprehensive income - Other Comprehensive income for 2020 = $55.2 million -$9.9 million = $45.3 million

You might be interested in
The difference between your sales and your cost of goods sold is known as your what
Anettt [7]

Answer:

profit.

Explanation: its just right

8 0
3 years ago
Which of the following statements regarding the staffing budget is true? a.The staffing budget is based on the desired profit le
Valentin [98]

Answer:

b.The staffing budget is based on a fixed human resources budget

Explanation:

  • The staffing budget is the budget that outlines a money plan to be spent on the employees and consists of the largest investment to the organization.
  • It acts as an outline plan for the service companies each staff member corresponds to the salary for the employee in the spreadsheet on a weekly, monthly, and yearly basis.
8 0
3 years ago
Uillypad Toys is a manufacturer of educational t that can be used to introduce children to a number of foreign languages. Three
Talja [164]

Answer:

B) a difficult struggle to move from invention to innovation toys for children

Explanation:

The four stages of a product's life cycle are:

  1. Introduction
  2. Growth
  3. Maturity
  4. Decline

Currently, Uillypad's tablet is in the introduction stage and this is a stage where sales are slow, marketing efforts and expenses are great, and if everything goes right the product will enter the growth stage. During this stage the company must invest a lot of resources in convincing their target market into purchasing their product, generally early adopters are the first ones to do so, but more customers are needed.

It is always hard to introduce an invention and make people adopt it as an innovation and start gaining market share.

6 0
3 years ago
Read 2 more answers
Weight Watchers is a weight-management company with operations in about 30 countries. Consumers buy almost $5 billion of Weight
VARVARA [1.3K]

Answer:

b. competitive advantage.

Explanation:

Competitive advantage -

It is the condition which allows the company or the country to produce services or goods of lower price but of equal level .

It enables the productivity to generate superior margins or more sales in comparison to its own market rivals .  

These are attributed to factors like the cost , branding , the distribution network , customer service , intellectual property and structure .

Hence , from the data of the question , the correct option is ( b ) .

8 0
3 years ago
In a _____ there are few if any taxes placed on good unloaded from other countries.
GREYUIT [131]
In a free port, there are few if any taxes placed on good unloaded from other countries. Free port means is called as bonded area. This area have lesser custom regulation that's why fewer taxes is charged on the goods.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Using a computerized Inventory Management System, a Paint Supply Store franchise continuously monitors the inventory of all the
    10·1 answer
  • The daily herald runs an article on a restaurant opening, this is an example of
    10·1 answer
  • Consider the recorded transactions below.
    6·1 answer
  • Suppose mountain spring water can be produced at no cost and that the demand and marginal revenue curves for mountain spring wat
    14·1 answer
  • in a process costing system, the number of units started and completed for a period is equal to:a.Units transferred out less uni
    11·1 answer
  • Hot dog vendors on the beach fail to cooperate with one another on the quantity of hot dogs they should sell to earn monopoly pr
    13·1 answer
  • Beginning balance of capital Rs. 40,000 and liabilities Rs. 10,000. Accounting equation​
    5·1 answer
  • In 2019, Audrey claimed $2,100 on her Federal tax return for her Child and Dependent Care Expenses Credit. Her Federal adjusted
    13·1 answer
  • gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, a
    14·1 answer
  • Hero Company produces a single product. Following is cost information:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!