Fisher Corporation invested $320,000 cash in available-for-sale marketable securities in early December. On December 31, the quoted market price for these securities is $337,000. Which of the following statements is correct? Select one
a. Fisher's December income statement includes a S 17,000 gain on investments
b. Fisher's December 31 balance sheet reports marketable n s at $320,000 and an unrealized holding gain on investments of $17,000.
c. Fishers December 31 balance sheet reports marketable segurities at $337,000 and an unrealized holding gain on investments of $17,000
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 14:00, lindjyzeph
The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:
Answers: 2
Business, 22.06.2019 20:10, wtwbegay
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
You know the right answer?
Fisher Corporation invested $320,000 cash in available-for-sale marketable securities in early Decem...
Questions in other subjects:
Mathematics, 17.06.2020 03:57
English, 17.06.2020 03:57
History, 17.06.2020 03:57
Mathematics, 17.06.2020 03:57
Computers and Technology, 17.06.2020 03:57
