for several years fister links products has held microsoft bonds, considered by the company to be securities available-for-sale. the bonds were acquired at a cost of $590,000. at the end of 2021, their fair value was $718,000 and their amortized cost was $600,000. at the end of 2022, their fair value was $712,500 and their amortized cost was $610,000. at what amount will the investment be reported in the december 31, 2022, balance sheet? what adjusting entry is required to accomplish this objective (ignore interest)?
Answers
The amount of investment reported on the December 31, 2022, balance sheet is $700,000.
In monetary accounting, a balance sheet (additionally called statement of economic function or announcement of economic condition) is a summary of the monetary balances of a man or woman, or employer, whether it's a sole proprietorship, an enterprise partnership, an organization, private restrained business enterprise or different company along with authorities or no longer-for-income entity.
A popular organization stability sheet has two aspects: property on the left, and financing at the proper–which itself has two components; liabilities and ownership fairness. the main classes of belongings are normally indexed first, and commonly so as of liquidity. belongings are followed by liabilities. The distinction between the property and the liabilities is called equity or the internet belongings or the net really worth or capital of the employer and in keeping with the accounting equation, internet well worth needs identical assets minus liabilities.
To learn more about the Balance Sheet visit here:
brainly.com/question/26323001
#SPJ4
Related Questions
at the end of 2017, stacky corp. had $500,000 in liabilities and a debt-to-assets ratio of 0.5. for 2017, stacky had an asset turnover of 3.0. what were annual sales for stacky in 2017?
Answers
According to the question, Stacky made $3,000,000 in yearly sales in 2017.
What types of liabilities are there?Any obligations owed by your business to others, including loans, mortgages, unpaid invoices, IOUs, and other sums of money, are referred to as liabilities. A liability exists when you owe someone money after making a promise to pay them in the future.
With a debt-to-assets ratio of 0.5, Stacky is financing half of his assets with debt and the other half with equity. Therefore, by the end of 2017, Stacky held assets assessed by $500,000 / 0.5 = $1,000,000.
Due to Stacky's asset turnover of 3.0, its 2017 sales were $1,000,000 * 3.0 = $3,000,000.
To know more about Liabilities visit :
https://brainly.com/question/18484315
#SPJ4
On which financial statement might an investor find the resources that are expected to provide future benefits to a company?a.Income Statement
b.Balance Sheet
c.Statement of Cash Flows
d.Statement of Stockholders' Equity
Answers
The financial statement where an investor might find the resources that are expected to provide future benefits to a company is the Balance Sheet.
The Balance Sheet is one of the four main financial statements that are used by companies to report their financial performance. The Balance Sheet provides a snapshot of a company's assets, liabilities, and equity at a specific point in time.
Assets are the resources that are expected to provide future benefits to a company, and they are listed on the Balance Sheet. Examples of assets include cash, accounts receivable, inventory, and property, plant, and equipment.
Liabilities are the obligations that a company has to pay in the future, and they are also listed on the Balance Sheet. Examples of liabilities include accounts payable, loans, and taxes.
Equity is the difference between assets and liabilities, and it represents the residual interest of the owners in the company. Equity is also listed on the Balance Sheet.
Therefore, an investor can find the resources that are expected to provide future benefits to a company on the Balance Sheet.
To know more about Balance Sheet click on below link:
https://brainly.com/question/26323001#
#SPJ11
a widow wishes to take out a reverse mortgage on her house. what annual payment can she get if she decides on a $100,000 debt at the end of 10 years
Answers
Calculation of Future Value of $10,000 after 10 years at 9% Interest Rate
Future Value = Advance Amount x (1 + r)n
= $10,000 x (1 + 0.09)10
= $10,000 x 2.367363
= $23,674
The Amount available for annuity payment
The Amount available for annuity payment = Debt – Future Value of Advance payment
= $10,000 - $23,674
= $76,326
Calculation of the Annual Payment that she would get
Future Value of an Ordinary Annuity = P x [{(1+ r)n - 1} / r ]
Future Value = $76,326
Interest Rate (r) = 9%
Number of period = 10 Years
Annual Payment (P) = ?
Future Value of an Ordinary Annuity = P x [{(1+ r)n - 1} / r ]
$76,326 = P x [{(1 + 0.09)10 – 1} / 0.09]
$76,326 = P x [(2.36736 – 1 ) / 0.09]
$76,326 = P x [2.36736 / 0.09]
$76,326 = P x 15.19293
P = $76,326 / 15.19293
P = $5,024 per year
“Therefore, she would get annual payment of $5,024 per year”
Learn more about to annual payment visit here;
https://brainly.com/question/18958209
#SPJ4
You have $100,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in 1 year. If the college's discount rate is 5%, how large will the annual scholarship payment be?
Answers
Answer:
$5,000
Explanation:
Calculation for how large will the annual scholarship payment be
Using this formula
Cash Flow= Present Value x Rate
Where,
Present Value =$100,000
Rate=5%
Let plug in the formula
Cash Flow=$100,000*5%
Cash Flow=$5,000
Therefore how large will the annual scholarship payment be is $5,000.
At the new equilibrium price of $200, what is the new equilibrium quantity?
Answers
When the price is $200, QD0 equals 0, QS equals 2350, and QD1 equals 2350.
The equilibrium price is the only price at which consumers' and producers' goals coincide—that is, the amount consumers want to buy of the commodity, quantity demanded, equals the amount producers want to sell, quantity supplied.
The equilibrium quantity is the name given to this common quantity. The demand and supply function (Qa - bP = x + yP) can be used to compute it. When the supply equals the demand, the equation yields an equilibrium price. To calculate the quantity, enter the equilibrium price into the demand or supply function.
To learn more about price, click here.
https://brainly.com/question/19091385
#SPJ4
Which of the following could help determine a job candidate's trustworthiness?
A) A credit check
B) A recorded oral test
C) An in-person interview
D) Closed-ended interview questions
Answers
Answer:
C) An in-person interview
Explanation:
All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.
In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.
When a startup wants to offer stock on the stock market, they go from a private to a public company.
Answers
Answer:
true...u didn't wrote if u want answer it or not but its true
The local diner hopes to increase its lunchtime business by 50 percent, even though it is already nearly 50 percent behind its goal for the quarter; this objective would be considered
Answers
Even though the business is way behind on its target, its goal can still be described as Specific and Realistic.
Specific and Realistic goalsTheses are clearly set out and articulated. Effect can be adequately measured. Can be accomplished based on existing resources.Even though the diner is behind target, increasing by 50% is not unrealistic and can be done with proper planning. The goal is also specific as it is targeted at 50%.
Find out more on benefits of planning at https://brainly.com/question/24870306.
Which type of bankruptcy leaves your credit report sooner?
Answers
have a great day!
Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not had a bankruptcy
on her credit report, her payments could have been $424.07 per month. How much is Terry paying in additional
interest over the life of the loan?
a. $49.200.00
b. $2,272.36
c. $163.00
d. $56,809.00
Answers
Answer: A. 49,200
Explanation: Took test on Edge
Based on the fact that Terry had a bankruptcy, the additional interest she will pay over the life of the loan is a. $49,000
What is the current monthly amount Terry pays?This can be found by the formula:
Loan amount = Amount paid x ( 1 - ( 1 + rate) ^-number of periods) / rate
Rate is: Number of periods
= 11% / 12 months = 25 x 12
= 11/12% = 300 months
Amount is:
60,000 = Amount x ( 1 - ( 1 + 11/12%)⁻³⁰⁰) / 11/12%
60,000 = Amount x 102.029043745
Amount = 60,000 / 102.029043745
= $588.07
What is the additional interest Terry will pay?= (Amount Terry pays now - Amount Terry would have paid) x 300 months
= (588.07 - 424.07) x 300
= $49,200
Find out more on loan payments at https://brainly.com/question/25658911.
Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capacity. The contribution margin from the dinners would amount to $3,000 annually. Required: a. If Mel decides to sell dinners, what are the total costs for both making and buying the cookies?
Answers
Answer:
$900
Explanation:
The computation of the total cost for both making and buying the cookies is given below:
But before that the variable cost per unit is
= (Cost of goods sold - fixed cost) ÷ (sales units)
= ($13,500 - $4,500) ÷ ($180,000 ÷ 6)
= $3
now the total cost is
= 300 × $3
= $900
When an economist points out that you and millions of other people are interdependent, she is referring to the fact that we all.
Answers
Based on the provided information, she is referring to the fact that we all rely upon one another for the goods and services we all consume.
Who is an economist?An economist can be regarded as an expert that focuses on international business as well as politics and financial activities of an organization or a nation.
An economist usually point out that we all rely upon one another for the goods and services we all consume and this makes an economy.
Learn more about economist at:
https://brainly.com/question/11352260
Two studies by Basu (1977, 1983) found that firms with high P/E ratios A. earned higher average returns than firms with low P/E ratios B. earned the same average returns as firms with low P/E ratios C. earned lower average returns than firms with low P/E ratios D. had higher dividend yields than firms with low P/E ratios
Answers
According to the question the correct answer is C. earned lower average returns than firms with low P/E ratios.
The studies conducted by Basu in 1977 and 1983 found that firms with high Price/Earnings (P/E) ratios tended to have lower average returns compared to firms with low P/E ratios. The P/E ratio is a valuation metric that measures the price investors are willing to pay for each dollar of earnings generated by a company. A high P/E ratio indicates that investors are paying a premium for future earnings growth.
In Basu's studies, it was observed that despite the higher expectations reflected in the higher P/E ratios, firms with high P/E ratios experienced lower average returns. This finding suggests that the market may have overvalued these firms, leading to subsequent underperformance.
The other options presented in the question, such as firms with high P/E ratios earning higher average returns (option A), earning the same average returns as firms with low P/E ratios (option B), or having higher dividend yields (option D), are not supported by Basu's studies.
To learn more about average returns
https://brainly.com/question/30174245
#SPJ11
what is my profit margin ratio if my net income is $294 and my net sales is $3800
Answers
Answer:
Explanation: Net Sales = $3800
Net income= $294
Profit margin ratio= Net income/Net sales x 100
=$294/$3800 x 100
=7.73%
List three ways to protect yourself from identity theft.
Answers
Answer:
1.) Mix up Your Passwords
Identity thieves are counting on the fact that you'll use the same password for all of your electronic devices and for your key financial accounts. Once a fraudster obtains a single password, access to the rest of your accounts is easy to accomplish, if every password is the same.
2.) Stay Away From Shady Websites and Links
Avoid clicking on any suspicious-looking links in emails or text messages. If you suspect a link isn't legitimate, don't click on it, and never type in your username or password on an unfamiliar login screen.
3.) Destroy private records and statements.
Once you are done with them, tear up or shred – credit cards statements, solicitations, and other documents that contain private financial information.
Hope this helps :)
after performing a compliance audit of an entity that received federal funds, what conclusion would the auditor draw if the entity does not have adequate documentation to support $5 million in operating expenses paid from federal program funds?
Answers
If the entity does not have adequate documentation to support $5 million in operating expenses paid from federal program funds, then the auditor would conclude that questioned costs of $5 million for operating expenses have been identified.
Operating expenses refer to the costs incurred by a business in the course of its normal operations. These expenses can include rent, utilities, salaries and wages, office supplies, marketing and advertising expenses, insurance, and other costs associated with running a business.
Operating expenses are different from the cost of goods sold (COGS), which refers to the expenses associated with producing and selling a product. For example, if a company sells furniture, the cost of the raw materials used to make the furniture would be included in COGS, while the cost of rent for the store where the furniture is sold would be included in operating expenses.
To learn more about Operating expenses visit here:
brainly.com/question/15080057
#SPJ4
what term is used to describe the integration of product design, process planning, and manufacturing using an integrated computer system?
Answers
term is used to describe the integration of product design, process planning, and manufacturing using an integrated computer system Computer-integrated manufacturing (CIM).
A computer system is a device that may be configured to do certain logical or mathematical operations automatically (computation). Modern digital electronic computers are capable of running programs—generalized sets of operations. Computers can do a variety of tasks thanks to these programs. A computer system is a minimally functional computer that comes with the primary software, peripherals, and other hardware components required for effective operation. This concept may also apply to a collection of connected computers that work together as a single unit, such as a computer network or computer cluster.Computers are used as control systems in a wide variety of industrial and consumer goods. Basic special-purpose gadgets like microwaves and remote controls, as well as industrial robots,
Learn more about computer system :
https://brainly.com/question/14253652
#SPJ4
Place the following items in order of the magnitude of the effect on the aggregate demand curve, starting with the greatest effect and descending to the least. Keep in mind that there will be an item which has zero effect on the AD curve (because it causes movement along the curve). Start by clicking the first item in the sequence or dragging it here Drag the items below into the box above in the correct order, starting with the first item in the sequence. Development of computer-based technologies from the 1940s to now. People notice prices rising and an associated decrease in purchasing power. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures. Prices of tech stocks increase in the late 1990s as a result of a speculative bubble, A trade war with China in the late 2010s leads to a decrease in trade.
Answers
Based on their effects on aggregate demand, the correct order of the items from the greatest effect to the least is:
Development of computer-based technologies from the 1940s to now. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures.Prices of tech stocks increase in the late 1990s as a result of a speculative bubble.People notice prices rising and an associated decrease in purchasing power. A trade war with China in the late 2010s leads to a decrease in trade.What were the effects of these items on aggregate demand?Development of computer technologies had the highest effect on aggregate demand because they increased production on an unprecedented scale which allowed for more people to earn incomes.
State governments cutting their budget in the 2010s reduced aggregate demand because government spending is important to aggregate demand.
Prices then rose which led to less people demanding goods and services and the trade war with China led to a decrease in trade and in aggregate demand.
Find out more on aggregate demand at https://brainly.com/question/1490249.
Scenario 1
Aiden's car is 12 years old and he's worried it might break down, so he's trying
to save three months of expenses for unexpected repairs, while also saving for
a new car. What are the best savings strategies for Aiden so he can keep his
money accessible for repairs, but also save for a new car?
Answers
Answer:
Aiden can open a savings account that does not have restriction on withdrawals and does not have minimum balance requirement
Explanation:
Aiden is trying
to save three months of expenses for unexpected repairs, while also saving for
a new car.
This will require frequent withdrawals for unexpected repairs on his old car. Also he will need to make frequent deposits into the account as he is saving for a new car.
The best account option for Aiden will be to get a savings account that will allow him withdraw as much as possible for repairs and also he will not be charged because of frequency of withdrawals
what are the answers for all 3 of them?
Answers
Answer:
See below
Explanation:
(i) €585.00
As per the statement, Taylor owed €585.00 to Franklyn photographic supplies Ltd at the end of April. The closing balance for April is the Amount owed at the end of April.
(ii) €75.00
The opening balance for April as indicated in the statement is the closing balance for March.
(iii) €375.00
As per the statement an amount of €375.00 was paid on April 15
A virus is spreading around brookfield. At the moment, 685 people are infected. If the virus is spreading at a rate of 13% each day, how many people in all will have caught the virus in 3 days?.
Answers
A virus is spreading around brookfield. 988.38 people in all will have caught the virus in 3 days
Formulate :
by using the formula = 685 × ( 1+ 13 % )³
988.38
What kind of business is Brookfield?
One of the largest alternative asset managers in the world, Brookfield Asset Management employs Brookfield Properties to develop and manage real estate investments.
Is Brookfield Asset Management a trustworthy business?Based on over 343 anonymous employee reviews, Brookfield Asset Management received a score of 3.8 out of 5. Eighty percent of employees have a positive outlook on the company, and seventy percent of them would recommend working at Brookfield Asset Management to a friend.
With over US$725 billion in assets under management in 2022, Brookfield Corporation, a multinational corporation based in Canada, is one of the largest alternative investment management companies in the world. It focuses on investments with direct control in real estate, infrastructure, renewable energy, credit, and private equity.
Learn more about brookfield:
brainly.com/question/29570151
#SPJ1
Businesses use firewalls to protect their networks from internal threats.
O True
False
Answers
Correct on ED2022
Novak Corp. Has accounts receivable of $90,300 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,284 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below.
Answers
Answer:
Allowance for doubtful accounts balance as at March 31st 2022 is $10,056.
Explanation:
Novak Corp. already have a balance of $2,284 in allowance for doubtful account.
The increase in allowance for doubtful account is calculated as follows.
$61,700 * 2% = $1,234
$12,600 * 5% = $630
$9,200 * 28% = $2,576
$6,800 * 49% = $3,332
Total = $7,772
$7,772 + $2,284 = $10,056
The following statement is a good example of what part of a career plan? "I will use public educational resources such as materials at the public library and free online courses from reputable educational institutions to constantly improve my knowledge and understanding of my chosen field of business."
O A. Identifying strategies
O B. Naming objectives
O c. Setting goals
0 D. Entrepreneurship
Answers
The following statement is a good example of what part of a career plan is Identifying strategies. Here A is appropriate. Public Educational Resources is the material.
What is the meaning of Public Educational Resources?Learning, teaching, and studying the material in any format or medium that is in the public domain or is protected by copyright and published under an open license, allowing free access, re-use, re-purpose, adaption, and redistribution by others, are known as Public educational resources (OER).
Public Educational Resources, Articles, seminars, workshops, case studies, and other teaching materials Forum chatting, Elluminate/Collaborate, virtual meetings, etc. are examples of collaboration tools. Simulations, software, online laboratories, research projects, etc. are examples of practice materials.
Hence, option A is correct.
Learn more about the Public Educational Resources here:
https://brainly.com/question/13984143
#SPJ5
If the natural rate of unemployment equals 5 percent and the actual rate of unemployment equals 6 percent, then cyclical unemployment equals:
Answers
Answer:
1%
Explanation:
The computation of cyclical unemployment is shown below:
Cyclical unemployment is
= Actual rate of unemployment - the natural rate of unemployment
= 6% - 5%
= 1%
We simply deduct the natural rate of unemployment from the Actual rate of unemployment so that the cyclical unemployment could come and hence the difference is called as a cyclical unemployment, the same is to be considered
What type of special title insurance policy is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed
Answers
Answer:
A vendee policy.
Explanation:
A vendee policy is a type of special title insurance policy that is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed.
This ultimately implies that, a vendee policy is an equitable buyer's lien issued to the purchaser of a real estate property in order to protect them in terms of repayment of the money being made as payment. It serves as a form of security for the buyer of a real estate property and as such it is enforceable by a court of competent jurisdiction.
Choose which statement is wrong by applying your knowledge from the reading.
a. Circumventing the installed built-in limitations on an Apple iPhone is called jailbreaking.
b. Due to its slow speed and other limitations, infrared capabilities in mobile devices are rarely found today.
c. COPE allows users to use their own personal mobile devices for business purposes.
Answers
The statement that wrong is Due to its slow speed and other limitations, infrared capabilities in mobile devices are rarely found today.
What are the right statements?COPE serves as a business model which allows users to use their own personal mobile devices for business purposes.
jailbreaking is also used by Apple iPhone making the statement right.
Learn more about infrared at;
https://brainly.com/question/12053427
You are planning an outdoor barbecue in a municipal park for 200 local/community residents from 4pm to 8pm on a weekend in the month of July. This event will include food items such as hamburgers, veggie burgers, and hotdogs, and alcohol will be served in a designated area of the park. In addition, this event will offer entertainment which will include musical performances for people of all ages and other activities for children. There will be some décor, a stage for the performers along with required AV equipment, tables and chairs, and local businesses will sponsor the event. This event will be marketed in the local newspaper and through social media.
i. Include a list of expenses associated with this event.
ii. Of the list of expenses you have provided, select 5 items and research the cost associated with each item.
iii. Include the resource you sourced for the expense item.
NOTE: You can present this in chart format.
- Checking the barbeque outside: (from 16:00 to 20:00)
- Fuel supply is available
- Extinguishers and other safety devices are available - 200 POB mounting location
- Arrangement of outdoor lighting:
- July's outdoor temperature (any particular arrangement)
- Food Presentation
- Table requirements for buffet arrangements
- Additional criteria for the disposal area's cleanliness include
- Location of the designated alcohol area and its surroundings
- The distance between each meal segment and the configuration of the chairs and tables
- A location to promote regional sponsors
- Crowd Expected Cultural Knowledge
- Technical configuration
- Electrical power availability for positioning and setting up AV equipment
- criteria for stage layout and lighting for musical performances
- Exchange space that can be used to practise a musical performance
- Equipemnt for announcements and audibility is readily avaliable
- Setting up a visitor partin for 200POB
- Shelter is accessible even during terrible weather
- Roomfor catering personnel to move.
- The area's infrastructure needs for children's activities
Answers
1. Food items: $500
2. Alcohol: $800
3. Entertainment: $500
4. Décor: $200
5. Stage and AV equipment: $400
List of expenses associated with the event:
1. Food items (hamburgers, veggie burgers, hotdogs)
2. Alcohol
3. Entertainment (musical performances, activities for children)
4. Décor
5. Stage and AV equipment
6. Tables and chairs
7. Marketing (local newspaper, social media)
8. Sponsorship fees
9. Lighting equipment
10. Safety devices (extinguishers)
11. Infrastructure for children's activities
12. Electricity for AV equipment
13. Security personnel
14. Waste disposal facilities
15. Rental fees for park space
Researching the cost of 5 items:
1. Food items: The cost of hamburgers, veggie burgers, and hotdogs can vary depending on the quality and quantity needed. An estimate for 200 people could be around $500.
2. Alcohol: The cost of alcohol will depend on the type and brand. Assuming a moderate selection, the cost for 200 people could be around $800.
3. Entertainment: The cost of musical performances can vary greatly depending on the performers' fees. A local band may charge around $500 for a 4-hour performance.
4. Décor: The cost of décor will depend on the desired theme and aesthetic. An estimate for basic decorations could be around $200.
5. Stage and AV equipment: The cost of renting a stage and AV equipment can vary depending on the rental company and duration. An estimate for a 4-hour rental could be around $400. (Source: Local event rental company.
Learn more about Alcohol from the given link-
https://brainly.com/question/947751
#SPJ11
Expenses paid and recorded as assets before they are used are called.
Answers
Answer:
Prepaid expenses
Por que se dice que emprender suele ser una decisión muy difícil quien la toma sabe que esta renunciando a la estabilidad que otorga un salario
Answers
Answer:
porque se dice que quiero tomar el siguiente