Brief exercise 7.4 accounting for marketable securities mumford corporation invested $30,000 in marketable securities on december 4. on december 9, it sold some of these investments for $10,000, and on december 18, it sold more of these investments for $5,000. the securities sold on december 9 had cost the company $7,000, whereas the securities sold on december 18 had cost the company $6,000. record the purchase of marketable securities on december 4. record the sale of marketable securities on december 9. record the sale of marketable securities on december 18. record the necessary fair value adjustment on december 31, assuming that the market value of the company’s remaining unsold securities was $20,000.

Most four year colleges want a applicants scores for all the following except iq.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.