Business
Business, 23.07.2019 03:30, mercedesamatap21hx0

Goofy inc. bought a sizeable amount of crazy co.'s bonds for $196,000 on may 5, 2017, and classified the investment as available for sale. the market value of the bonds declined to $110,000 by december 31, 2017. goofy reclassified this investment as trading securities in december of 2018 when the market value had risen to $166,000. what effect on 2018 income should be reported by goofy for the crazy co. bonds?

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 19:30, Wayne4345
John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.
Answers: 1
image
Business, 22.06.2019 20:30, Picklehead1166
Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?
Answers: 1
image
Business, 22.06.2019 23:00, vipergod07
Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution. a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent
Answers: 3
image
Business, 23.06.2019 00:10, riley01weaver1
Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
Answers: 3
Do you know the correct answer?
Goofy inc. bought a sizeable amount of crazy co.'s bonds for $196,000 on may 5, 2017, and classified...

Questions in other subjects:

Konu
Chemistry, 20.09.2021 05:30
Konu
English, 20.09.2021 05:30
Konu
Mathematics, 20.09.2021 05:30