Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale securities. The year-end cost and fair values for its portfolio of these investments follow.
Portfolio of Available-for-Sale Securities Cost Fair Value
December 31, 2015 $372,000 $360,860
December 31, 2016 428,500 455,800
December 31, 2017 600,200 700,500
December 31, 2018 876,900 780,200
Prepare journal entries to record each year-end fair value adjustment for these securities.
Answers: 3
Business, 22.06.2019 14:00, Kate1678
Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?
Answers: 1
Business, 23.06.2019 08:40, carog24
Suppose a movie theater determines it can charge different prices to patrons who go to weekday matinees and people who attend evening and weekend shows . the movie theater's goal is to increase total revenue. the price elasticity of demand for weekend and evening patrons is -0.40, and the price elasticity of demand for matinee moviegoers is -1.90. based on the price elasticity of demand for each group of people, how should the movie theater adjust its prices?
Answers: 3
Business, 23.06.2019 21:00, allieeastridge
4. what inspired selfridge to ensure that customers in his store could browse at their leisure?
Answers: 2
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