Business, 24.10.2021 08:10 flakko1899
L & J purchased common shares of Company A and B for $10,000 and $9,000, respectively on 12/15. L & J intends to sell these securities within 30 days. At 12/31, Investments in Company A & B had a fair value of $9,000 and $15,000, respectively. L & J does not have significant influence over the investees. Assuming an existing $1,100 credit balance in Fair Value Adjustment - Equity Investments, what is the unrealized gain or loss for these securities and how is it reported?
Answers: 1
Another question on Business
Business, 21.06.2019 18:00
Employers hiring for entry-level positions in hospitality and tourism expect workers to
Answers: 3
Business, 21.06.2019 19:30
Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t
Answers: 1
Business, 22.06.2019 03:30
When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
Answers: 2
Business, 22.06.2019 05:40
According to the philosopher immanuel kant, the right of employees to know the nature of the job they are being hired to do and the obligation of a company not to deceive them in this respect is mainly reflective of the basic right of . privac yb. free consentc. freedom of speechd. freedom of consciencee. first refusal
Answers: 1
You know the right answer?
L & J purchased common shares of Company A and B for $10,000 and $9,000, respectively on 12/15....
Questions
History, 24.06.2019 06:30
Social Studies, 24.06.2019 06:30
History, 24.06.2019 06:30
History, 24.06.2019 06:30
Mathematics, 24.06.2019 06:30
Chemistry, 24.06.2019 06:30
Biology, 24.06.2019 06:30
