Beach co. determined that the decline in the fair market value (fmv) of an investment was below the amortized cost and permanent in nature. the investment was classified as available-for-sale on beach's books. the controller would properly record the decrease in fmv by including it in which of the following? answers: a. other comprehensive income section of the income statement, and writing down the cost basis to fmv. b. extraordinary items section of the income statement, net of tax, and writing down the cost basis to fmv. c. other comprehensive income section of the income statement only. d. earnings section of the income statement and writing down the cost basis to fmv.

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk

Which of these makes a student loan different from other types of loans