Consider a $2 billion open market purchase of U. S. Treasury securities by the Federal Reserve. The Fed's balance sheet will show: Select one: a. an increase in the asset category of securities and the liability category of reserves by $2 billion. b. no change in the size of the balance sheet, just the composition of assets will change from cash to securities. c. only show an increase in the liability of reserves of $2 billion. d. only an increase in the asset of securities of $2 billion.

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?