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Nady [450]
3 years ago
12

On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $77 million at par and classified the securit

ies as available-for-sale. On December 31, 2021, these bonds were valued at $72 million. Nine months later, on October 3, 2022, Jefferson Corporation sold these bonds for $93 million.
As part of the multistep approach to record the 2022 transaction Jefferson Corporation should next take the second step of:________

a. Reversing total accumulated unrealized holding gains of $25 milion.
b. Reversing total accumulated unrealized holding gains of $18 milion
c. Reversing total accumulated unrealized holding gains of S7 million
d. Reversing total accumulated unrealized holding gains of $11 milion
Business
1 answer:
olga2289 [7]3 years ago
4 0

Answer:

a

Explanation:

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The Good Roads Amendment requires that _______ percent of road-user fees be spent on building and maintaining roads.
suter [353]

Answer:

75 percent

Explanation:

The good roads amendment is a law enacted by legislatives in the USA states that ensure maintenance of roads in each state as well as interconnecting roads.

It states, amist other things, that 75% of road user fees collected through tolls and other means are spent on road maintenance.

Cheers.

8 0
4 years ago
Let qa be the quantity demanded of good a, pa be the price of good a, pb be the price of good b, and m be income. let the demand
-BARSIC- [3]

Answer: Cross price elasticity is - 0.12

Explanation:

Cross price elasticity measures the responsiveness of quantity demanded of good a to a change in any of its related variable such as good b.

Qa=86-5Pa-4Pb+2M

Given,

Pa=6, Pb=3, and M=30,

Qa = 86 - 5(6) - 4(3) + 2(30)

Qa = 86 - 30 - 12 + 60

Qa=104

So, cross price elasticity is given by

e_{pb} = \frac{Change in Qa}{Change in Pb} * \frac{Pb}{Qa}

e_{pb} = -4 * \frac{3}{104}

e_{pb} = -0.1153

Since, cross price elasticity is negative it means that good a and good b are complements to each other.


4 0
4 years ago
The records of Lohse Stores included the following data:
Orlov [11]

Answer:

$9,360

Explanation:

                                          Cost       Retail      Ratio

Inventory, May 1             $10,440 $14,500 .72

Purchases                           31,550 42,900

Freight-in                          2,000

Purchase discounts         (250)

Net markups                                    3,400

Net markdowns                                (1,300)

Totals excluding

beginning inventory         33,300     45,000 .74

Goods available                 $43,740    59,500

Sales                                                  (46,500)

Inventory, May 31                                $13,000

Estimated inventory,

May 31 ($13,000 × .72) $ 9,360

8 0
4 years ago
Which african-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up
Nookie1986 [14]
Faith Ringgold was an <span>African-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up in New York.
</span>Faith Ringgold is an artist and she was best known for her narrative quilts, Tar beach is one of her most famous story quilts. She <span>was born in New York City in 1930. and when she was working in public schools as an art teacher she began a series of paintings which was called as </span><span>American People.</span><span />
6 0
3 years ago
What is a key difference between sending someone your Outlook contact and sending you Outlook business card
Natalija [7]

The key difference is that an outlook contact display only the email address and name through which they can connect with you but an outlook business card shows detailed information about your contact and your business.

<h3>What is an Outlook contact?</h3>

In Microsoft outlook, an outlook contact primarily shows your name, email address, and profile picture through which people can connect with you.

However, an outlook business card represents your business brand and shows detailed information about your contact and your business.

Therefore, the key difference is that an outlook contact display only the email address and name through which they can connect with you but an outlook business card shows detailed information about your contact and your business.

Learn more about an outlook contact here:

brainly.com/question/21263685

8 0
2 years ago
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