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GenaCL600 [577]
3 years ago
14

Seybert Systems accounts for its investment in Wang Engineering bonds as available-for-sale. Seybert's balance in accumulated ot

her comprehensive income with respect to the Wang investment is a credit balance of $27,000, and Seybert reports the investment as $200,000 on its balance sheet. Seybert purchased the Wang investment for (ignore taxes):________.
Business
1 answer:
MaRussiya [10]3 years ago
3 0

Answer:

Seybert purchased the Wang investment for $173,000

Explanation:

Since there is a credit balance. It means the stock is increased in value by $27,000. So that the stock was purchased at $173,000 ($200,000-$27,000).

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The average wholesale price a company is charging camera retailers for its models is deemed to be competitive with the average w
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Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.

<h3>When is a price considered competitive?</h3>
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