Business, 11.02.2020 19:52 glazevaida9
Burns Corp. had the following items: Sales revenue - $45‚000 Loss on early extinguishment of bonds - 36,000 Realized gain on sale of available-for-sale securities - 28,000 Unrealized holding loss on available-for-sale debt securities - 17,000 Loss on write-down of inventory - 3,100
Which of the following amounts would the statement of comprehensive income report as other comprehensive income or loss?
A. $11,000 other comprehensive income.
B. $16,900 other comprehensive income.
C. $17,000 other comprehensive loss.
D. $28,100 other comprehensive loss.
Answers: 1
Business, 22.06.2019 03:20, nakeytrag
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
Business, 22.06.2019 07:10, carlybeavers50
In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.
Answers: 2
Business, 22.06.2019 10:30, salvadorjr1226p4zkp3
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
Burns Corp. had the following items: Sales revenue - $45‚000 Loss on early extinguishment of bonds -...
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