Answer:
$29,000
Explanation:
The Held-to-maturity securities to be carried at amortized cost
The available-for-sale & trading securities to be carried at fair value (FV).
Therefore, the investment portfolio is reported at the following amounts:
Mann Co. $10,000 (Cost)
Kemo, Inc. $10,000 (Fair value)
Fenn Corp. $9,000 (Fair value)
Total $29,000
So, Ott's December 31, Year 1, balance sheet should report total marketable debt securities as $29,000
Answer:
Answer (A) - 1 and 2
Answer (B) - 3
Answer (C) - 2
Explanation:
There are three sections to this question.
PART A: Rejecting Redundancies
Among the 4 options given in this section, the redundancies are
1. Adequate enough
2. Combined together
Why? Because there is repetition in the phrases! Adequate is the same thing as Enough and Combined means the same thing as Together.
PART B: Purging Empty Words
For the statement given, the option containing the empty words is
3. "that was unfinished"
Why? Because this is the unnecessary phrase that needs to be eliminated from the sentence, not even for conciseness sake but for the sake of proper grammar and better comprehension by the reader.
PART C: Revising a Passage
For the passage given, the type of revision that could be made to make it more concise is
2. Drop unnecessary fillers
Why? Because the second statement in the passage was an unnecessary filler. It contained information that required story telling about the efforts of "Jump High Schools".
Answer:
Centralized Organization
Explanation:
Centralized organization can be defined as a hierarchy decision-making structure where all decisions and processes are handled strictly at the top or the executive level.
Answer: emotional intelligence
Explanation: The capacity of an individual to control, express and be aware of the emotions of others and himself is called the emotional intelligence.
In the given case, Jennifer Orgolini is encouraging to the employees to participate in the philanthropy program. Such programs are focused on social welfare and will make the participants more emotionally aware. Thus such motivating depicts the company wants employees that have high emotional quotient.
Answer:
The portfolio standard deviation is 14.82%
Explanation:
The portfolio standard deviation would be calculated by finding out the variance of the portfolio and taking the square root of it.
Variance of the portfolio = [(1 - .50)
x 0.25] + [0.50 x 0.16] + [2 x (1 - 0.50) x 0.50 x 0.25 x 0.16 x 0]
= [0.25 x 0.0625] + [0.25 x 0.0256] + [0]
= 0.015625 + 0.0064
VarPort = 0.022025
Std DevPort = √0.022025
Std DevPort = 0.1482 = 14.82 percent
