Business, 21.02.2020 22:02, mahi2840

On January 1, Black Company's valuation allowance for Trading investment account had a credit balance of $22,500. On December 31, the cost of the trading securities portfolio is $100,000. The fair value is $80,000. Which of the following would Black report?a. an Unrealized Gain on Trading Investments of $18,000.
b. an Unrealized Loss on Trading Investments of $4,500.
c. an Unrealized Gain on Trading Investments of $4,500.
d. an Unrealized Loss on Trading Investments of $18,000.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 02:30, raulramirez01

Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital

Answers: 2

continue

Business, 22.06.2019 13:30, lorip7799ov3qr0

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.

Answers: 1

continue

Business, 22.06.2019 20:00, kylewinfrey2638

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:

Answers: 1

continue

Business, 22.06.2019 20:20, nicky123415

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year

Answers: 2

continue

Do you know the correct answer?

On January 1, Black Company's valuation allowance for Trading investment account had a credit balanc...