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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

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dlinn [17]

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When something/substance scarce .

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Explanation:

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3 years ago
As the dollar price of a foreign currency (for example, dollars per yen) decreases, foreign goods will be __________ expensive,
jasenka [17]

Answer:

Less; more; more.

Explanation:

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.

Basically, in a floating exchange rate system, a fall or decline in the value of a currency with respect to another currency is generally referred to as currency depreciation.

As the dollar price of a foreign currency (for example, dollars per yen) decreases, foreign goods will be less expensive, more foreign goods will be purchased, and more foreign currency will be demanded.

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3 0
3 years ago
S&amp;W has 21,000 shares of common stock outstanding at a price of $29 a share. It also has 2,000 shares of preferred stock out
julsineya [31]

Answer:

weight of preferred stock = 12.49%

Explanation:

equity value = 21000 * 29 = $609000

preferred stock value = 2000 * 71 = $142000

debt value = $386000

total value =equity value + preferred stock value + debt value

total value = 609000 +142000  +386000 =   $1137000

weight of preferred stock= \frac{142000}{1137000}

                                                 = 0.1249

                                                 = 12.49%

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4 years ago
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slamgirl [31]

Answer:

The answer is "Option a".

Explanation:

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By studying that tale of Burberry, the company is trying it develop a strategy of places in the world. The strategy of places in the world involves the arise from different of products to a limited group of customers for premium objects usually.

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