subject
Business, 08.04.2020 00:48 goargrant

Ewok enterprises recently elected the fair value option to account for its investment in yoda inc. ewok purchased the shares for 21000 and the shares are currently trading for 190000 at year end. what is the amount of gain or loss reported at year end for this investment and where is gain or loss reported

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:30
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
Answers: 1
question
Business, 22.06.2019 13:20
Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?
Answers: 2
question
Business, 22.06.2019 20:00
Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:
Answers: 2
question
Business, 22.06.2019 22:30
Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?
Answers: 2
You know the right answer?
Ewok enterprises recently elected the fair value option to account for its investment in yoda inc. e...
Questions
question
Mathematics, 09.12.2020 08:10
question
Mathematics, 09.12.2020 08:10
question
Mathematics, 09.12.2020 08:10