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
ladessa [460]
3 years ago
7

Valet Corporation began operations in 2021. An analysis of Valet's debt securities portfolio acquired in 2021 shows the followin

g totals at December 31, 2021 for trading and available-for-sale debt securities:
Trading Available-for-Sale
Securities Securities
Aggregate cost $180,000 $220,000
Aggregate fair value 160,000 190,000
What amount should Valet report in its 2021 income statement for unrealized holding loss?
Business
1 answer:
Alexxandr [17]3 years ago
3 0

Answer:

$20,000

Explanation:

Calculation for What amount should Valet report in its 2021 income statement for unrealized holding loss

Using this formula

2021 income statement for unrealized holding loss=Aggregate cost -Aggregate Fair value

Let plug in the formula

2021 income statement for unrealized holding loss=$ 180,000-$ 160,000

2021 income statement for unrealized holding loss=$20,000

Therefore the amount that Valet should report in its 2021 income statement for unrealized holding loss is $20,000

You might be interested in
When choosing fonts for a powerpoint slide, you should usually use?
Wittaler [7]
30pt font is the smallest you ever want to use in a slide, 

experts recommend keeping it simple, they also advise against using common fonts like Arial, Calibri or Helvetica. 

your font style should match the tone and message of your presentation
5 0
3 years ago
a consumer has $100 to spend on two goods X and Y with prices $3 and $5 respectively. drive the equation of the budget line​
kotegsom [21]

Answer:

3X + 5Y = 100

Explanation:

Given that a consumer has $ 100 to spend on two goods X and Y with prices $ 3 and $ 5 respectively, the equation that represents this distribution is the following:

3X + 5Y = 100

Thus, the consumer may consume different combinations of products, as long as the sum of both amounts is $100 as a final result. For instance:

3x20 + 5X8 = 100

60 + 40 = 100

3x5 + 5x17 = 100

15 + 85 = 100

5 0
3 years ago
Explain the difference between Motivation and engagement
serious [3.7K]

Answer:

Engagement is a sense of purpose, belonging, and commitment to an organization, whereas motivation is the willpower and drive to act on those feelings.

Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity

Explanation:

Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity.

3 0
2 years ago
Read 2 more answers
The key feature of this circular flow is the _______________.
soldier1979 [14.2K]

Answer: B, market.

Explanation: Hope this helps you out. <3

7 0
3 years ago
Wainwright Corporation owns and operates a wholesale warehouse.
KATRIN_1 [288]

Answer:

Operating transactions

-$5000

-$6000

-$70000

$55000

Total = -$26000

Financing transactions

+ $300000

+ $30000

Total = $330000

Investing transactions

-$10000

- $30000

Explanation:

Operating transactions

-$5000

-$6000

-$70000

$55000

Total = -$26000

Financing transactions

+ $300000

+ $30000

Total = $330000

Investing transactions

-$10000

- $30000

8 0
3 years ago
Other questions:
  • Which of the following factors has the greatest impact in calculating FICO scores? Select one of the options below as your answe
    14·1 answer
  • A homesteaded property is located in Pensacola, Florida, in Escambia County. The city tax rate is 8.8 mills, the county tax rate
    13·1 answer
  • Dan, the founder of four muddy paws, discovered that dog owners were willing to spend extra money on unique, healthy treats for
    5·1 answer
  • Select the correct text in the passage.
    7·1 answer
  • AG Inc. made a $10,000 sale on account with the following terms: 1/15, n/30.
    5·1 answer
  • If people save more and spend less, the aggregate demand curve shifts to the right.
    7·2 answers
  • Sandhill Corporation has temporary differences at December 31, 2020, that result in the following deferred taxes.
    12·1 answer
  • Suppose GDP consists of wheat and rice. In 2015, 20 bushels of wheat are sold at $4 per bushel, and 10 bushels of rice are sold
    5·1 answer
  • Revenues normally carry a _______ balance and are shown in the ______________. Credit; Balance sheet Debit; Balance sheet Credit
    9·1 answer
  • Businesses use a number of methods to gather information and create a good picture of their customer base. This ________ can hel
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!