Answer: <em>Please refer to explanation. </em>
Explanation:
Since it is an Available for Sale debt, we journalize it as follows
2018
Dec. 31
DR Unrealized holding loss on AFS 600
CR .Fair value adjustment - AFSI 600
(To record available-for-sale investments at fair value)
Calculation,
= Cost Price - Market Price
=($3000 - $2400)
= $600
<em>If you need any clarification do comment or react.</em>
Answer:
Total Cash and Cash Equivalent = $8,000
Explanation:
Particulars Amount (in $) Reason
Checking Account 3,000 Readily realizable
U.S. Treasury Bill 5,000 Due in 1 month
Currency and Coins 1,000 They are cash itself
Total Cash and Cash 8,000
Equivalents
<span>If peanuts serve as a medium of exchange, a unit of account, and a store of value, then peanuts are MONEY.</span>
Answer:
$35.71
Explanation:
The computation of the stock drop price is shown below:
Maintenance margin = Number of shares purchased × price - loan amount ÷ Number of shares purchased × price
30% = 200 shares × price - $5,000 ÷ 200 shares × price
30% × 200 shares × price = 200 shares × price - $5,000
60 × price = 200 shares × price - $5,000
After solving this, the price would be $35.71
And, the loan amount is equal to
= Number of common stock shares purchased × per share value × initial margin
= 200 shares × $50 × 50%
= $5,000
Answer:
When you transition, a brief recap of the information that has just been heard is known as an internal review.
Explanation:
Internal review is the recap of information that has just been heard in transition.
